Earnings To Watch: Beijer Ref AB (OSTO:BEIJ B) Reports Q3 2024 Result

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Oct 23, 2024

Beijer Ref AB (OSTO:BEIJ B, Financial) is set to release its Q3 2024 earnings on Oct 24, 2024. The consensus estimate for Q3 2024 revenue is 9.69 billion, and the earnings are expected to come in at 1.34 per share. The full year 2024's revenue is expected to be 35.85 billion and the earnings are expected to be 4.57 per share. More detailed estimate data can be found on the Forecast page.

Beijer Ref AB (OSTO:BEIJ B, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Beijer Ref AB (OSTO:BEIJ B) for the full year 2024 have declined from 35.95 billion to 35.85 billion, and for 2025, estimates have declined from 39.59 billion to 39.58 billion. Earnings estimates have increased from 4.56 per share to 4.57 per share for the full year 2024, and from 5.42 per share to 5.47 per share for 2025.

Beijer Ref AB (OSTO:BEIJ B, Financial) Reported History

In the previous quarter of 2024-06-30, Beijer Ref AB's (OSTO:BEIJ B) actual revenue was 9.68 billion, which beat analysts' revenue expectations of 9.65 billion by 0.33%. Beijer Ref AB's (OSTO:BEIJ B) actual earnings were 1.42 per share, which beat analysts' earnings expectations of 1.37 per share by 3.65%. After releasing the results, Beijer Ref AB (OSTO:BEIJ B) was down by -5.9% in one day.

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Beijer Ref AB (OSTO:BEIJ B, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 7 analysts, the average target price for Beijer Ref AB (OSTO:BEIJ B) is $200.71 with a high estimate of $250 and a low estimate of $175. The average target implies an upside of 19.72% from the current price of $167.65.

Based on GuruFocus estimates, the estimated GF Value for Beijer Ref AB (OSTO:BEIJ B, Financial) in one year is $219.91, suggesting an upside of 31.17% from the current price of $167.65.

Based on the consensus recommendation from 8 brokerage firms, Beijer Ref AB's (OSTO:BEIJ B, Financial) average brokerage recommendation is currently 2.4, 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.