Oatly Group AB expected to post a loss of 14  cents a share - Earnings Preview

Oatly AB

29/07/2022 07:34

* Oatly Group AB  OTLY.OQ   OTLY.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 2. 
    * The Malmo Kalmar-based  company is expected to report  a
25.7% increase in revenue to $183.64 million from $146.15
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Oatly Group AB is
for a
loss of 14 cents per share. For the same quarter last year, the
company reported a loss of 9 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Oatly Group
AB is
$6.5​, above​ its last closing price of $3.75. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.12       -0.13      -0.13     Met     -3.4
 Dec. 31 2022  -0.09       -0.10      -0.11     Missed  -13.3
 Sep. 30 2021  -0.10       -0.10      -0.05     Beat    47.6​
 Jun. 30 2021  -0.10       -0.10      -0.09     Beat    6.6
 ​​                                                     
                                                        ​
 This summary was machine generated July 29 at 06:34 GMT.  All
figures in US dollars  unless otherwise stated