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Stock impact report

Earnings Update: Oatly Group AB (NASDAQ:OTLY) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts [Yahoo! Finance]

Oatly Group AB - American Depositary Shares (OTLY) 
Company Research Source: Yahoo! Finance
The results look positive overall; while revenues of US$199m were in line with analyst predictions, statutory losses were 4.8% smaller than expected, with Oatly Group losing US$0.08 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. View our latest analysis for Oatly Group Following the latest results, Oatly Group's eight analysts are now forecasting revenues of US$829.9m in 2024. This would be a satisfactory 5.5% improvement in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 58% to US$0.28. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$832.0m and losses of US$0.29 per share i Show less Read more
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