Oatly Group AB reports results for the quarter ended in December - Earnings Summary

Oatly AB

15/03/2023 13:32

* Oatly Group AB  OTLY.OQ  reported a quarterly adjusted
loss
of 14 cents​​ per share for the quarter ended in December. The
mean expectation of twelve analysts for the quarter was for a
loss of 14 cents per share.
    * Revenue rose 4.9% to $195.07 million from a year ago;
analysts
expected $181.52 million. 
    * Oatly Group AB's reported EPS for the quarter was a loss
of 21
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Oatly Group AB shares had risen by 18.4% this quarter.
    * The company reported a quarterly loss of $125.17 million.
    * Wall Street's median 12-month price target for Oatly Group
AB is
$3.65 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 15 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.14          -0.14          Met
 Sep. 30 2022      -0.11          -0.18          Missed
 Jun. 30 2022      -0.14          -0.12          Beat
 Mar. 31 2022      -0.13          -0.13          Met