Oatly Group AB (publ) expected to post a loss of 12 cents a share - Earnings Preview

Oatly AB

25/07/2023 19:33

* Oatly Group AB (publ)  OTLY.OQ   OTLY.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 27. 
    * The Malmo Skane-based  company is expected to report  a
17.8% increase in revenue to $209.675 million from $177.96
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Oatly Group AB
(publ) is
for a loss of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Oatly Group
AB
(publ) is $4​, above​ its last closing price of $2.11. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for gross profit margin between 27% and 29%.
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 2023  -0.14       -0.13      -0.11     Beat    14.6
 Dec. 31 2023  -0.15       -0.14      -0.14     Met     1.5
 Sep. 30 2022  -0.11       -0.11      -0.18     Missed  -68.4​
 Jun. 30 2022  -0.14       -0.14      -0.12     Beat    13.9
 ​​Mar.        -0.12       -0.13      -0.13     Met     -3.4
 31 2022                                                
 Dec. 31 2021  -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 25 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated