Melhus Sparebank (OSL:MELG, Financial) is set to release its Q3 2024 earnings on Nov 14, 2024. The consensus estimate for Q3 2024 revenue is $78.90 million, and the earnings are expected to come in at $2.90 per share. The full year 2024's revenue is expected to be $322.10 million and the earnings are expected to be $13.58 per share. More detailed estimate data can be found on the Forecast page.
Melhus Sparebank (OSL:MELG, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Melhus Sparebank (OSL:MELG) for the full year 2024 have increased from $319.60 million to $322.10 million and from $335.50 million to $335.60 million for 2025. Earnings estimates have increased from $13.14 per share to $13.58 per share for the full year 2024, while they have declined from $15.12 per share to $14.56 per share for 2025.
Melhus Sparebank (OSL:MELG, Financial) Reported History
In the previous quarter of 2024-06-30, Melhus Sparebank's (OSL:MELG) actual revenue was $91.50 million, which beat analysts' revenue expectations of $79.50 million by 15.10%. Melhus Sparebank's (OSL:MELG) actual earnings were $4.69 per share, which beat analysts' earnings expectations of $4.42 per share by 6.11%. After releasing the results, Melhus Sparebank (OSL:MELG) was down by -0.63% in one day.
Melhus Sparebank (OSL:MELG, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 1 analyst, the average target price for Melhus Sparebank (OSL:MELG) is $163 with a high estimate of $163 and a low estimate of $163. The average target implies an upside of 2.64% from the current price of $158.80.
Based on GuruFocus estimates, the estimated GF Value for Melhus Sparebank (OSL:MELG, Financial) in one year is $207.88, suggesting an upside of 30.91% from the current price of $158.80.
Based on the consensus recommendation from 1 brokerage firm, Melhus Sparebank's (OSL:MELG, 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.
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.
