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

Oatly AB

09/05/2023 14:33

* Oatly Group AB  OTLY.OQ  reported a quarterly adjusted
loss
of 11 cents​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for a loss
of 13 cents per share.
    * Revenue rose 17.7% to $195.65 million from a year ago;
analysts
expected $187.53 million. 
    * Oatly Group AB's reported EPS for the quarter was a loss
of 13
cents​.
    * The mean earnings estimate of analysts had risen by
about 1% 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 fallen by 11.2% this quarter and
gained 23.6% so far this year.
    * The company reported a quarterly loss of $75.58 million.
    * Wall Street's median 12-month price target for Oatly Group
AB is
$4.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.13          -0.11          Beat
 Dec. 31 2022      -0.14          -0.14          Met
 Sep. 30 2022      -0.11          -0.18          Missed
 Jun. 30 2022      -0.14          -0.12          Beat