Orion Engineered Carbons (OEC) Misses Q3 EPS by 3c; offers outlook

Orion Engineered Carbons (NYSE: OEC) reported Q3 EPS of $0.29, $0.03 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $450.9 million versus the consensus estimate of $452.44 million.

Outlook

“Our efforts to enhance competitiveness include a comprehensive analysis of cost structure and underperforming assets, headcount reductions, additional belt tightening efforts and greater prioritization of mission critical maintenance projects. Reflecting progress on working capital initiatives and considering our new Adjusted EBITDA guidance range, we anticipate free cash flow in $25 million – $40 million range for 2025,” Mr. Painter concluded.

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

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