Orion Engineered Carbons-Orion (OEC) Misses Q3 Earnings Estimates

Orion (OEC) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of$ 0.36 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -19.44%. A quarter ago, it was expected that this producer of the chemcial additive carbon black would post earnings of$ 0.36 per share when it actually produced earnings of $0.32, delivering a surprise of -11.11%.Over the la ...