OX2 AB (OSTO:OX2) Q3 2024 Earnings Report Preview: What to Look For

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Oct 22, 2024

OX2 AB (OSTO:OX2, Financial) is set to release its Q3 2024 earnings on Oct 23, 2024. The consensus estimate for Q3 2024 revenue is $1.71 billion, and the earnings are expected to come in at $0.18 per share. The full year 2024's revenue is expected to be $10.65 billion and the earnings are expected to be $3.93 per share. More detailed estimate data can be found on the Forecast page.

OX2 AB (OSTO:OX2, Financial) Estimate Trends

Over the past 90 days, revenue estimates for OX2 AB (OSTO:OX2) for the full year 2024 have increased from $10.61 billion to $10.65 billion. For 2025, estimates have declined from $17.02 billion to $16.50 billion. Earnings estimates for the full year 2024 have increased from $3.84 per share to $3.93 per share. For 2025, earnings estimates have risen from $5.80 per share to $5.92 per share.

OX2 AB (OSTO:OX2, Financial) Reported History

In the previous quarter of June 30, 2024, OX2 AB's (OSTO:OX2) actual revenue was $2.23 billion, which beat analysts' revenue expectations of $2.05 billion by 8.85%. OX2 AB's (OSTO:OX2) actual earnings were -$0.58 per share, which missed analysts' earnings expectations of $0.425 per share by -236.47%. After releasing the results, OX2 AB (OSTO:OX2) was down by -0.17% in one day.

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OX2 AB (OSTO:OX2, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for OX2 AB (OSTO:OX2) is $71.5 with a high estimate of $83 and a low estimate of $60. The average target implies an upside of 20.17% from the current price of $59.5.

Based on GuruFocus estimates, the estimated GF Value for OX2 AB (OSTO:OX2, Financial) in one year is $150.49, suggesting an upside of 152.92% from the current price of $59.5.

Based on the consensus recommendation from 3 brokerage firms, OX2 AB's (OSTO:OX2, Financial) average brokerage recommendation is currently 2.3, 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.