KMC Properties ASA (OSL:KMCP) Q3 2024 Earnings Report Preview: What To Expect

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Oct 30, 2024

KMC Properties ASA (OSL:KMCP, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is $132.56 million, and the earnings are expected to come in at $0.09 per share. The full year 2024's revenue is expected to be $513.90 million and the earnings are expected to be $0.45 per share. More detailed estimate data can be found on the Forecast page.

KMC Properties ASA (OSL:KMCP, Financial) Estimates Trends

Over the past 90 days, revenue estimates for KMC Properties ASA (OSL:KMCP) have remained stable at $513.90 million for the full year 2024 and at $0.55 billion for 2025. Earnings estimates have also remained unchanged at $0.45 per share for the full year 2024 and at $0.38 per share for 2025.

KMC Properties ASA (OSL:KMCP, Financial) Reported History

In the previous quarter of June 30, 2024, KMC Properties ASA's (OSL:KMCP) actual revenue was $124.03 million, which missed analysts' revenue expectations of $129.22 million by -4.02%. KMC Properties ASA's (OSL:KMCP) actual earnings were $0.13 per share, which beat analysts' earnings expectations of $0.10 per share by 28.71%. After releasing the results, KMC Properties ASA (OSL:KMCP) was up by 24.07% in one day.

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KMC Properties ASA (OSL:KMCP, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for KMC Properties ASA (OSL:KMCP) is $7.96 with a high estimate of $7.96 and a low estimate of $7.96. The average target implies an upside of 165.38% from the current price of $3.

Based on GuruFocus estimates, the estimated GF Value for KMC Properties ASA (OSL:KMCP, Financial) in one year is $1.49, suggesting a downside of -50.33% from the current price of $3.

Based on the consensus recommendation from 1 brokerage firm, KMC Properties ASA's (OSL:KMCP, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" 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.