Northern Ocean Ltd (OSL:NOL, Financial) is set to release its Q3 2024 earnings on Nov 22, 2024. The consensus estimate for Q3 2024 revenue is $0.43 billion, and the earnings are expected to come in at -$0.88 per share. The full year 2024's revenue is expected to be $2.91 billion and the earnings are expected to be -$1.70 per share. More detailed estimate data can be found on the Forecast page.
Northern Ocean Ltd (OSL:NOL, Financial) Estimates Trends
Revenue estimates for Northern Ocean Ltd (OSL:NOL) have increased from $2.61 billion to $2.91 billion for the full year 2024 and declined from $3.11 billion to $2.97 billion for 2025 over the past 90 days. Earnings estimates have improved from -$1.82 per share to -$1.70 per share for 2024, whereas they have decreased from $0.48 per share to $0.06 per share for 2025 over the same period.
Northern Ocean Ltd (OSL:NOL, Financial) Reported History
In the previous quarter of 2024-06-30, Northern Ocean Ltd's (OSL:NOL) actual revenue was $0.77 billion, which missed analysts' revenue expectations of $0.79 billion by -1.79%. Northern Ocean Ltd's (OSL:NOL) actual earnings were -$0.33 per share, which met analysts' earnings expectations. After releasing the results, Northern Ocean Ltd (OSL:NOL) was down by -2.04% in one day.
Northern Ocean Ltd (OSL:NOL, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 3 analysts, the average target price for Northern Ocean Ltd (OSL:NOL) is $10.20 with a high estimate of $10.85 and a low estimate of $9.87. The average target implies an upside of 19.95% from the current price of $8.50.
Based on GuruFocus estimates, the estimated GF Value for Northern Ocean Ltd (OSL:NOL, Financial) in one year is $23.17, suggesting an upside of 172.59% from the current price of $8.50.
Based on the consensus recommendation from 5 brokerage firms, Northern Ocean Ltd's (OSL:NOL, Financial) average brokerage recommendation is currently 1.8, 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.
