What To Expect From Olvi Oyj (OHEL:OLVAS) Q3 2024 Earnings

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Oct 15, 2024

Olvi Oyj (OHEL:OLVAS, Financial) is set to release its Q3 2024 earnings on Oct 16, 2024. The consensus estimate for Q3 2024 revenue is $181.27 million, and the earnings are expected to come in at $0.95 per share. The full year 2024's revenue is expected to be $646 million and the earnings are expected to be $2.84 per share. More detailed estimate data can be found on the Forecast page.

Olvi Oyj (OHEL:OLVAS, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Olvi Oyj (OHEL:OLVAS) for the full year 2024 have increased from $645 million to $646 million. For 2025, the estimates have risen from $666.67 million to $669.33 million. During the same period, earnings estimates for the full year 2024 have increased from $2.81 per share to $2.84 per share, and for 2025, from $3.11 per share to $3.17 per share.

Olvi Oyj (OHEL:OLVAS, Financial) Reported History

In the previous quarter of June 30, 2024, Olvi Oyj's (OHEL:OLVAS) actual revenue was $194.72 million, which beat analysts' revenue expectations of $192.2 million by 1.31%. Olvi Oyj's (OHEL:OLVAS) actual earnings were $1.08 per share, which beat analysts' earnings expectations of $1.063 per share by 1.6%. After releasing the results, Olvi Oyj (OHEL:OLVAS) was up by 0.16% in one day.

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Olvi Oyj (OHEL:OLVAS, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 4 analysts, the average target price for Olvi Oyj (OHEL:OLVAS) is $35 with a high estimate of $37 and a low estimate of $34. The average target implies an upside of 14.94% from the current price of $30.45.

Based on GuruFocus estimates, the estimated GF Value for Olvi Oyj (OHEL:OLVAS, Financial) in one year is $34.14, suggesting an upside of 12.12% from the current price of $30.45.

Based on the consensus recommendation from 4 brokerage firms, Olvi Oyj's (OHEL:OLVAS, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.