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Orion Group Holdings Earnings Preview and Insider Activity

Orion Group Holdings is set to announce earnings soon. Analysts predict $274.4M in revenue and $0.19 EPS. Insider trading shows confidence despite mixed hedge fund activities.

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AI Rating:   6

Earnings Per Share (EPS): Orion Group Holdings is expected to report earnings of $0.19 per share. This figure is crucial for investors as it serves as a measure of profitability and indicates how much profit a company makes for each share of its stock.

Revenue Growth: Analysts project revenue of $274,413,636 for the upcoming earnings report. Meeting or exceeding this expectation could positively affect the stock price, reflecting strong demand for their services.

Insider Trading Activity: The recent insider trading activity reveals that company executives have purchased shares, indicating confidence in the company's future performance. Notably, the EVP and General Counsel purchased 15,633 shares, and the President & CEO bought 4,120 shares. Such purchases can reflect management's belief in the company's growth prospects, which might boost investor confidence as well.

Hedge Fund Activity: The report shows that 89 institutional investors added shares to their portfolios, while 62 reduced their positions. Notably, significant reductions by Portolan Capital and Acadian Asset Management could be seen as a red flag for some investors. However, the increase by CenterBook Partners could suggest a more favorable outlook among some hedge funds.

Overall, the upcoming earnings report and the mixed insider and hedge fund activities indicate a cautious but potentially optimistic outlook for Orion Group Holdings. Investors should carefully monitor the actual earnings results in relation to these expectations.