Bjorn Borg AB (OSTO:BORG, Financial) is set to release its Q3 2024 earnings on Nov 15, 2024. The consensus estimate for Q3 2024 revenue is $311 million, and the earnings are expected to come in at $1.34 per share. The full year 2024's revenue is expected to be $1.02 billion and the earnings are expected to be $3.29 per share. More detailed estimate data can be found on the Forecast page.
Bjorn Borg AB (OSTO:BORG, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Bjorn Borg AB (OSTO:BORG) for the full year 2024 have increased from $971 million to $1.02 billion, and for 2025, estimates have risen from $1.05 billion to $1.09 billion. Earnings estimates for the full year 2024 have seen a slight decline from $3.38 per share to $3.29 per share. However, for 2025, earnings estimates have improved from $4.19 per share to $4.23 per share.
Bjorn Borg AB (OSTO:BORG, Financial) Reported History
In the previous quarter of June 30, 2024, Bjorn Borg AB's (OSTO:BORG) actual revenue was $213.21 million, which beat analysts' revenue expectations of $179 million by 19.11%. Bjorn Borg AB's (OSTO:BORG) actual earnings were $0.26 per share, which beat analysts' earnings expectations of $0.23 per share by 13.04%. After releasing the results, Bjorn Borg AB (OSTO:BORG) was up by 5.5% in one day.
Bjorn Borg AB (OSTO:BORG, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 1 analyst, the average target price for Bjorn Borg AB (OSTO:BORG) is $68 with a high estimate of $68 and a low estimate of $68. The average target implies an upside of 11.79% from the current price of $60.83.
Based on GuruFocus estimates, the estimated GF Value for Bjorn Borg AB (OSTO:BORG, Financial) in one year is $53.54, suggesting a downside of -11.98% from the current price of $60.83.
Based on the consensus recommendation from 1 brokerage firm, Bjorn Borg AB's (OSTO:BORG, Financial) average brokerage recommendation is currently 2.0, 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.
