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

Oatly AB

02/08/2022 14:26

* Oatly Group AB  OTLY.OQ  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended in June. The mean
expectation of thirteen analysts for the quarter was for a loss
of 14 cents per share.
    * Revenue rose 21.8% to $177.96 million from a year ago;
analysts
expected $183.64 million. 
    * Oatly Group AB's reported EPS for the quarter was a loss
of 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 19.9%
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 13.3% this quarter and
lost 50.8% so far this year.
    * The company reported a quarterly loss of $71.99 million.
    * Wall Street's median 12-month price target for Oatly Group
AB is
$6.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 2
at 01:25 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.14          -0.12          Beat
 Mar. 31 2022      -0.13          -0.13          Met
 Dec. 31 2021      -0.10          -0.11          Missed
 Sep. 30 2021      -0.10          -0.05          Beat