Orion Corp to Post FY2017 Earnings of $0.97 Per Share, Jefferies Group Forecasts (ORINY)

Orion Corp (OTCMKTS:ORINY) – Research analysts at Jefferies Group upped their FY2017 EPS estimates for shares of Orion in a report issued on Wednesday. Jefferies Group analyst J. Vane-Tempest now forecasts that the company will post earnings of $0.97 per share for the year, up from their previous estimate of $0.92. Jefferies Group also issued estimates for Orion’s FY2018 earnings at $1.10 EPS, FY2019 earnings at $1.13 EPS, FY2020 earnings at $1.06 EPS, FY2021 earnings at $1.07 EPS and FY2022 earnings at $1.13 EPS.

Separately, Zacks Investment Research cut shares of Orion from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th.

Orion (OTCMKTS:ORINY) opened at $18.51 on Thursday. Orion has a 12-month low of $17.70 and a 12-month high of $31.79.

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About Orion

Orion Oyj engages in the development and manufacture of pharmaceuticals, active pharmaceutical ingredients (APIs), and diagnostic tests worldwide. The company operates in two segments, Pharmaceuticals and Diagnostics. The Pharmaceuticals segment develops, manufactures, and markets pharmaceuticals and APIs.

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