John Mattson Fastighetsföretagen AB (OSTO:JOMA) Q3 2024 Earnings Report Preview: What to Look For

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Nov 06, 2024

John Mattson Fastighetsföretagen AB (OSTO:JOMA, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $161.77 million, and the earnings are expected to come in at $0.60 per share. The full year 2024's revenue is expected to be $642.20 million and the earnings are expected to be $5.34 per share. More detailed estimate data can be found on the Forecast page.

John Mattson Fastighetsföretagen AB (OSTO:JOMA, Financial) Estimate Trends

Over the past 90 days, revenue estimates for John Mattson Fastighetsföretagen AB (OSTO:JOMA) for the full year 2024 have declined from $643.13 million to $642.20 million, while the estimate for 2025 has increased from $679.80 million to $680.43 million. Earnings estimates have risen from $3.17 per share to $5.34 per share for the full year 2024 and from $2.32 per share to $5.05 per share for 2025.

John Mattson Fastighetsföretagen AB (OSTO:JOMA, Financial) Reported History

In the previous quarter of September 30, 2024, John Mattson Fastighetsföretagen AB's (OSTO:JOMA) actual revenue was $161.40 million, which missed analysts' revenue expectations of $161.77 million by -0.23%. John Mattson Fastighetsföretagen AB's (OSTO:JOMA) actual earnings were $1.84 per share, which beat analysts' earnings expectations of $0.60 per share by 206.67%. After releasing the results, John Mattson Fastighetsföretagen AB (OSTO:JOMA) was flat in one day.

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John Mattson Fastighetsföretagen AB (OSTO:JOMA, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 3 analysts, the average target price for John Mattson Fastighetsföretagen AB (OSTO:JOMA) is $73.67 with a high estimate of $86 and a low estimate of $65. The average target implies an upside of 12.64% from the current price of $65.40.

Based on GuruFocus estimates, the estimated GF Value for John Mattson Fastighetsföretagen AB (OSTO:JOMA, Financial) in one year is $45.26, suggesting a downside of -30.8% from the current price of $65.40.

Based on the consensus recommendation from 3 brokerage firms, John Mattson Fastighetsföretagen AB's (OSTO:JOMA, 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.