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

Oatly AB

14/11/2022 16:08

* Oatly Group AB  OTLY.OQ  reported a quarterly adjusted
loss
of 18 cents​​ per share for the quarter ended in September. The
mean expectation of thirteen analysts for the quarter was for a
loss of 12 cents per share.
    * Revenue rose 7% to $183.03 million from a year ago;
analysts
expected $211.13 million. 
    * Oatly Group AB's reported EPS for the quarter was a loss
of 18
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Oatly Group AB shares had fallen by 6.8% this quarter and
lost 69.2% so far this year.
    * The company reported a quarterly loss of $107.95 million.
    * Wall Street's median 12-month price target for Oatly Group
AB is
$5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
14 at 04:08 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.12          -0.18          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