By Amira McKee
Shares of Orion S.A. tumbled after the company swung to a fourth-quarter loss and had adjusted results worse than Wall Street expectations.
The stock fell 18% to $5.81 in Tuesday morning trading. The shares have retreated 60% in the past year.
The carbon black supplier reported a fourth-quarter loss of $21.1 million, or 38 cents a share, compared with net income of $17.2 million, or 30 cents a share, a year earlier.
Adjusted loss came in at 34 cents a share. Analysts polled by FactSet were expecting a loss of 7 cents a share.
Sales fell 5.2% to $411.7 million, beating Wall Street's projection of $365.7 million, according to FactSet.
For 2026, Orion guided for full-year adjusted earnings before interest, taxes, depreciation, and amortization in the range of $160 million to $200 million. Wall Street forecasts $217.9 million.
Write to Amira McKee at amira.mckee@wsj.com
(END) Dow Jones Newswires
February 17, 2026 10:53 ET (15:53 GMT)
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