SciBase Holding AB (OSTO:SCIB) Q3 2024 Earnings Report Preview: What To Look For

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Nov 11, 2024

SciBase Holding AB (OSTO:SCIB, Financial) is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is $8 million, and the earnings are expected to come in at -$0.09 per share. The full year 2024's revenue is expected to be $29 million, and the earnings are expected to be -$0.25 per share. More detailed estimate data can be found on the Forecast page.

SciBase Holding AB (OSTO:SCIB, Financial) Estimates Trends

Revenue estimates for SciBase Holding AB (OSTO:SCIB) have declined from $30.5 million to $29 million for the full year 2024 and declined from $49 million to $46.5 million for 2025 over the past 90 days. Earnings estimates for SciBase Holding AB (OSTO:SCIB) have remained flat at -$0.25 per share for the full year 2024 and flat at -$0.16 per share for 2025 over the past 90 days.

SciBase Holding AB (OSTO:SCIB, Financial) Reported History

In the previous quarter of 2024-06-30, SciBase Holding AB's (OSTO:SCIB) actual revenue was $6.64 million, which missed analysts' revenue expectations of $7 million by -5.13%. SciBase Holding AB's (OSTO:SCIB) actual earnings were -$0.08 per share, which missed analysts' earnings expectations of -$0.04 per share by -100%. After releasing the results, SciBase Holding AB (OSTO:SCIB) was up by 8.04% in one day.

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SciBase Holding AB (OSTO:SCIB, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for SciBase Holding AB (OSTO:SCIB) is $1.60 with a high estimate of $2.80 and a low estimate of $0.40. The average target implies an upside of 266.97% from the current price of $0.44.

Based on GuruFocus estimates, the estimated GF Value for SciBase Holding AB (OSTO:SCIB, Financial) in one year is $2.52, suggesting an upside of 477.98% from the current price of $0.436.

Based on the consensus recommendation from 1 brokerage firm, SciBase Holding AB's (OSTO:SCIB, Financial) average brokerage recommendation is currently 4.0, indicating an "Underperform" 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.