Oatly Group AB (publ) expected to post a loss of 6 cents a share - Earnings Preview

Oatly AB

06/11/2024 14:09

* Oatly Group AB (publ)  OTLY.OQ   OTLY.O  is expected
to show a
rise in quarterly revenue when it reports  results on November 7
for the period ending September 30 2024
    * The Malmo Skane-based  company is expected to report a
10.5% increase in revenue to $207.298 million from $187.6
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Oatly Group AB (publ) is
for a
loss of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $1.35​, above​ its last closing price of $0.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.07       -0.07      -0.05     Beat    28.6
 Mar. 31 2024  -0.09       -0.09      -0.08     Beat    6.7
 Dec. 31 2023  -0.21       -0.15      -0.50     Missed  -226.1
                                                        ​
 Jan. 1 0001   -0.13       -0.12      0.07      Beat    157.4
 ​​Jun.        -0.12       -0.13      -0.13     Met     -2
 30 2023                                                
 Jan. 1 0001   -0.14       -0.13      -0.11     Beat    14.6​
 Dec. 31 2022  -0.15       -0.14      -0.14     Met     1.5
 Jan. 1 0001   -0.11       -0.11      -0.18     Missed  -68.4
 This summary was machine generated November 6 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)