Oatly Group AB (publ) expected to post a loss of 7 cents a share - Earnings Preview

Oatly AB

22/07/2024 15:32

* Oatly Group AB (publ)  OTLY.OQ   OTLY.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 24
for the period ending June 30 2024
    * The Malmo Skane-based  company is expected to report a
2.6% increase in revenue to $201.172 million from $195.99
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 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"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 $1.75​, above​ its last closing price of $1.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024              -0.09      -0.08     Beat    6.7
 Dec. 31 2024              -0.15      -0.50     Missed  -226.1
 Jan. 1 0001   -0.13       -0.12      0.07      Beat    157.4​
 Jan. 1 0001   -0.12       -0.13      -0.13     Met     -2
 ​​Mar.        -0.14       -0.13      -0.11     Beat    14.6
 31 2023                                                
 Jan. 1 0001   -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
 This summary was machine generated July 22 at 14:32 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)