Earnings to Watch: Sydbank A/S (OCSE:SYDB) Reports Q3 2024 Result

Author's Avatar
Oct 29, 2024

Sydbank A/S (OCSE:SYDB, Financial) is set to release its Q3 2024 earnings on October 30, 2024. The consensus estimate for Q3 2024 revenue is $1.85 billion, and the earnings are expected to come in at $13.54 per share. The full year 2024's revenue is expected to be $7.47 billion and the earnings are expected to be $56.64 per share. More detailed estimate data can be found on the Forecast page.

Sydbank A/S (OCSE:SYDB, Financial) Estimate Trends

Over the past 90 days, revenue estimates for Sydbank A/S (OCSE:SYDB) for the full year 2024 have increased from $7.45 billion to $7.47 billion, while the estimate for 2025 has declined from $7.05 billion to $7.04 billion. Earnings estimates for the full year 2024 have decreased from $57.05 per share to $56.64 per share, and for 2025, the estimates have declined from $50.30 per share to $49.96 per share.

Sydbank A/S (OCSE:SYDB, Financial) Reported History

In the previous quarter of June 30, 2024, Sydbank A/S's (OCSE:SYDB) actual revenue was $1.86 billion, which beat analysts' revenue expectations of $1.85 billion by 0.87%. Sydbank A/S's (OCSE:SYDB) actual earnings were $14 per share, which beat analysts' earnings expectations of $13.52 per share by 3.55%. After releasing the results, Sydbank A/S (OCSE:SYDB) was down by -1.06% in one day.

1851233242452226048.png

Sydbank A/S (OCSE:SYDB, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for Sydbank A/S (OCSE:SYDB) is $405 with a high estimate of $430 and a low estimate of $380. The average target implies an upside of 23.1% from the current price of $329.

Based on GuruFocus estimates, the estimated GF Value for Sydbank A/S (OCSE:SYDB, Financial) in one year is $369.60, suggesting an upside of 12.34% from the current price of $329.

Based on the consensus recommendation from 2 brokerage firms, Sydbank A/S's (OCSE:SYDB, 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.

1851233331874787328.png

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.