What To Expect From Maximum Entertainment AB (OSTO:MAXENT B) Q3 2024 Earnings

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5 days ago

Maximum Entertainment AB (OSTO:MAXENT B, Financial) is set to release its Q3 2024 earnings on Nov 27, 2024. The consensus estimate for Q3 2024 revenue is $0.26 billion, and the earnings are expected to come in at -$0.12 per share. The full year 2024's revenue is expected to be $1.19 billion, and the earnings are expected to be $2.30 per share. More detailed estimate data can be found on the Forecast page.

Maximum Entertainment AB (OSTO:MAXENT B, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Maximum Entertainment AB (OSTO:MAXENT B) have declined from $1.25 billion to $1.19 billion for the full year 2024 and from $1.34 billion to $1.27 billion for 2025. Conversely, earnings estimates have increased from $0.97 per share to $2.30 per share for the full year 2024 and from $1.73 per share to $3.49 per share for 2025.

Maximum Entertainment AB (OSTO:MAXENT B, Financial) Reported History

In the previous quarter ending on 2024-06-30, Maximum Entertainment AB's (OSTO:MAXENT B) actual revenue was $0.20 billion, which missed analysts' expectations of $0.22 billion by -8.66%. Maximum Entertainment AB's (OSTO:MAXENT B) actual earnings were -$0.12 per share, which beat analysts' expectations of -$0.55 per share by 79.17%. After releasing the results, Maximum Entertainment AB (OSTO:MAXENT B) was up by 2.85% in one day.

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Maximum Entertainment AB (OSTO:MAXENT B, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for Maximum Entertainment AB (OSTO:MAXENT B) is $6.69, with a high estimate of $7.43 and a low estimate of $5.94. The average target implies an upside of 770.55% from the current price of $0.77.

Based on GuruFocus estimates, the estimated GF Value for Maximum Entertainment AB (OSTO:MAXENT B, Financial) in one year is $12.14, suggesting an upside of 1480.73% from the current price of $0.77.

Based on the consensus recommendation from 2 brokerage firms, Maximum Entertainment AB's (OSTO:MAXENT B, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" 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.