CMB.Tech NV (CMBT, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $214.31 million, and the earnings are expected to come in at $0.33 per share. The full year 2024's revenue is expected to be $1.01 billion and the earnings are expected to be $2.99 per share. More detailed estimate data can be found on the Forecast page.
CMB.Tech NV (CMBT, Financial) Estimates Trends
Over the past 90 days, revenue estimates for CMB.Tech NV (CMBT) for the full year 2024 have increased from $976.94 million to $1.01 billion. For 2025, the estimates have risen from $1.09 billion to $1.16 billion. Earnings estimates have also seen an upward revision; for the full year 2024, estimates increased from $2.48 per share to $2.99 per share, and for 2025, from $1.71 per share to $2.02 per share.
CMB.Tech NV (CMBT, Financial) Reported History
In the previous quarter of March 31, 2024, CMB.Tech NV's (CMBT) actual revenue was $240.38 million, which missed analysts' revenue expectations of $240.41 million by -0.01%. CMB.Tech NV's (CMBT) actual earnings were $2.46 per share, which beat analysts' earnings expectations of $0.607 per share by 305.27%. After releasing the results, CMB.Tech NV (CMBT) was up by 7.14% in one day.
CMB.Tech NV (CMBT, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 6 analysts, the average target price for CMB.Tech NV (CMBT) is $19.34 with a high estimate of $22 and a low estimate of $18. The average target implies an upside of 45.54% from the current price of $13.29.
Based on GuruFocus estimates, the estimated GF Value for CMB.Tech NV (CMBT, Financial) in one year is $21.24, suggesting an upside of 59.82% from the current price of $13.29.
Based on the consensus recommendation from 4 brokerage firms, CMB.Tech NV's (CMBT, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes 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.
