Orion Engineered Carbons (OEC) reported Quarter December 2020 earnings of $0.40 per share on revenue of $315.7 million. The consensus earnings estimate was $0.34 per share on revenue of $276.4 million. Revenue fell 2.1% compared to the same quarter a year ago. Orion Engineered Carbons SA is a producer of carbon black. The product portfolio is divided into the...
Orion Engineered Carbons has generally positive analyst ratings and positive earnings growth. Recognia's Elliott Wave analysis puts OEC in a bullish Wave 3 move with a price target of 22.71.
OEC missed earnings estimates last quarter and took a pretty big hit. But with the materials sector looking so hot right now, I suspect OEC will indeed break out above the...
