Oatly Group AB (publ) expected to post a loss of 15 cents a share - Earnings Preview

Oatly AB

13/02/2024 14:08

* Oatly Group AB (publ)  OTLY.OQ   OTLY.O  is expected
to show a
fall in quarterly revenue when it reports  results on February
15 for the period ending December 31 2023
    * The Malmo Skane-based  company is expected to report a
1.9% decrease in revenue to $191.341 million from $195.07
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Oatly Group AB (publ) is
for a
loss of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "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 $2.00​, above​ its last closing price of $1.27. ​​​

The company's guidance on November 9 2023 for the period ended
December 31 was for gross profit margin between 24% and 26%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.13       -0.12      0.07      Beat    157.4
 Jun. 30 2023  -0.12       -0.13      -0.13     Met     -2
 Mar. 31 2023  -0.14       -0.13      -0.11     Beat    14.6​
 Dec. 31 2022  -0.15       -0.14      -0.14     Met     1.5
 ​​Sep.        -0.11       -0.11      -0.18     Missed  -68.4
 30 2022                                                
 Jun. 30 2022  -0.14       -0.14      -0.12     Beat    13.9​
 Mar. 31 2022  -0.12       -0.13      -0.13     Met     -3.4
 Dec. 31 2021  -0.09       -0.10      -0.11     Missed  -13.3
 This summary was machine generated February 13 at 14:08 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)