Profoto Holding AB (OSTO:PRFO, Financial) is set to release its Q3 2024 earnings on Oct 24, 2024. The consensus estimate for Q3 2024 revenue is $196.35 million, and the earnings are expected to come in at $0.98 per share. The full year 2024's revenue is expected to be $0.78 billion and the earnings are expected to be $2.98 per share. More detailed estimate data can be found on the Forecast page.
Profoto Holding AB (OSTO:PRFO, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Profoto Holding AB (OSTO:PRFO) have declined from $0.81 billion to $0.78 billion for the full year 2024, and from $0.87 billion to $0.83 billion for 2025. Earnings estimates have also seen a reduction from $3.37 per share to $2.98 per share for 2024, and from $3.87 per share to $3.68 per share for 2025.
Profoto Holding AB (OSTO:PRFO, Financial) Reported History
In the previous quarter of 2024-06-30, Profoto Holding AB's (OSTO:PRFO) actual revenue was $196 million, which beat analysts' revenue expectations of $191.65 million by 2.27%. Profoto Holding AB's (OSTO:PRFO) actual earnings were $0.70 per share, which missed analysts' earnings expectations of $0.82 per share by -14.63%. After releasing the results, Profoto Holding AB (OSTO:PRFO) was down by -3.01% in one day.
Profoto Holding AB (OSTO:PRFO, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 2 analysts, the average target price for Profoto Holding AB (OSTO:PRFO) is $76.50 with a high estimate of $90 and a low estimate of $63. The average target implies an upside of 45.44% from the current price of $52.60.
Based on GuruFocus estimates, the estimated GF Value for Profoto Holding AB (OSTO:PRFO, Financial) in one year is $85.55, suggesting an upside of 62.64% from the current price of $52.60.
Based on the consensus recommendation from 2 brokerage firms, Profoto Holding AB's (OSTO:PRFO, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies a strong buy, and 5 denotes a 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.
