Ringkjoebing Landbobank AS (OCSE:RILBA, Financial) is set to release its Q3 2024 earnings on Oct 23, 2024. The consensus estimate for Q3 2024 revenue is $1.01 billion, and the earnings are expected to come in at $22.04 per share. The full year 2024's revenue is expected to be $4.07 billion and the earnings are expected to be $87.89 per share. More detailed estimate data can be found on the Forecast page.
Ringkjoebing Landbobank AS (OCSE:RILBA, Financial) Estimates Trends
Over the past 90 days, there have been changes in the revenue and earnings estimates for Ringkjoebing Landbobank AS (OCSE:RILBA). For the full year 2024, revenue estimates have been revised downwards from $4.09 billion to $4.07 billion. For 2025, the revenue forecasts have been adjusted from $4.06 billion to $4.01 billion. On the earnings front, the estimates for 2024 have been revised upwards from $87.50 per share to $87.89 per share, while for 2025, they have been reduced from $87.50 per share to $86.07 per share.
Ringkjoebing Landbobank AS (OCSE:RILBA, Financial) Reported History
In the previous quarter of June 30, 2024, Ringkjoebing Landbobank AS's (OCSE:RILBA) actual revenue was $1.01 billion, which met analysts' revenue expectations. Ringkjoebing Landbobank AS's (OCSE:RILBA) actual earnings were $22 per share, which beat analysts' earnings expectations of $21.26 per share by 3.48%. After releasing the results, Ringkjoebing Landbobank AS (OCSE:RILBA) was up by 1.1% in one day.
Ringkjoebing Landbobank AS (OCSE:RILBA, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 2 analysts, the average target price for Ringkjoebing Landbobank AS (OCSE:RILBA) is $1,295 with a high estimate of $1,300 and a low estimate of $1,290. The average target implies an upside of 21.25% from the current price of $1,068.
Based on GuruFocus estimates, the estimated GF Value for Ringkjoebing Landbobank AS (OCSE:RILBA, Financial) in one year is $1,386.04, suggesting an upside of 29.78% from the current price of $1,068.
Based on the consensus recommendation from 2 brokerage firms, Ringkjoebing Landbobank AS's (OCSE:RILBA, Financial) average brokerage recommendation is currently 1.5, indicating a "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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.
