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				@atlatea 
Hard to say. Horsemen seem to do more damage on the initial hit, but I don't know how counter-counter attack in fine details. I would say that orc veterans probably do more damage. 
 
with 44,000 leadership, not counting criticals 
orc veterans - 8,507 damage 
horsemen - 7,692 damage 
 
But, if the horsemen charge, they will do 50% more damage! 
 
I think counter-counter-attack does at least 50% damage too though, possibly more. 
 
If the orcs have enough adrenaline, they gain a +5 attack, which raises their damage up to 9,266.
			
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 Well, i mean that horsemen charge from max distance, so it's 70% damage.
Probably the orc will outdamage it in the long run. But horsemen seems fit for army that prefer lightning fast strike that can quickly criple enemy army.
It has 7 initiative, i say that 7 is no joke.