Orion Engineered Carbons (OEC) Tops Q1 EPS by 4c; offers guidance

Orion Engineered Carbons (NYSE: OEC) reported Q1 EPS of $0.52, $0.04 better than the analyst estimate of $0.48. Revenue for the quarter came in at $502.9 million versus the consensus estimate of $507.44 million.

GUIDANCE:

Orion Engineered Carbons sees FY2024 EPS of $2.05-$2.20, versus the consensus of $2.16.

We are reiterating our 2024 guidance for the year of an Adjusted EBITDA range of $340 million to $360 million, up over five percent at the midpoint, compared with 2023.

For earnings history and earnings-related data on Orion Engineered Carbons (OEC) click here.

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