Earnings To Watch: Mentice AB (OSTO:MNTC) Reports Q3 2024 Result

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Nov 06, 2024

Mentice AB (OSTO:MNTC, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $76.50 million, and the earnings are expected to come in at -$0.12 per share. The full year 2024's revenue is expected to be $315.33 million and the earnings are expected to be -$0.10 per share. More detailed estimate data can be found on the Forecast page.

Mentice AB (OSTO:MNTC, Financial) Estimates Trends

Revenue estimates for Mentice AB (OSTO:MNTC) have remained steady at $315.33 million for the full year 2024 and at $380 million for 2025 over the past 90 days. Earnings estimates for Mentice AB (OSTO:MNTC) have also remained steady at -$0.10 per share for the full year 2024 and at $0.90 per share for 2025 over the past 90 days.

Mentice AB (OSTO:MNTC, Financial) Reported History

In the previous quarter of 2024-06-30, Mentice AB's (OSTO:MNTC) actual revenue was $100.99 million, which beat analysts' revenue expectations of $79 million by 27.84%. Mentice AB's (OSTO:MNTC) actual earnings were $0.67 per share, which beat analysts' earnings expectations of -$0.04 per share by 1775%. After releasing the results, Mentice AB (OSTO:MNTC) was up by 13.33% in one day.

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Mentice AB (OSTO:MNTC, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for Mentice AB (OSTO:MNTC) is $63 with a high estimate of $63 and a low estimate of $63. The average target implies an upside of 125.81% from the current price of $27.90.

Based on GuruFocus estimates, the estimated GF Value for Mentice AB (OSTO:MNTC, Financial) in one year is $71.40, suggesting an upside of 155.91% from the current price of $27.90.

Based on the consensus recommendation from 1 brokerage firm, Mentice AB's (OSTO:MNTC, 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.