Nordisk Bergteknik AB (OSTO:NORB B, Financial) is set to release its Q3 2024 earnings on Nov 4, 2024. The consensus estimate for Q3 2024 revenue is $818.67 million, and the earnings are expected to come in at $0.03 per share. The full year 2024's revenue is expected to be $3.38 billion and the earnings are expected to be $0.60 per share. More detailed estimate data can be found on the Forecast page.
Nordisk Bergteknik AB (OSTO:NORB B, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Nordisk Bergteknik AB (OSTO:NORB B) for the full year 2024 have declined from $3.53 billion to $3.38 billion. For 2025, the estimates have decreased from $3.70 billion to $3.60 billion. Earnings estimates for the full year 2024 have also been revised downward from $0.93 per share to $0.60 per share, and for 2025, they have been adjusted from $2.03 per share to $1.79 per share.
Nordisk Bergteknik AB (OSTO:NORB B, Financial) Reported History
In the previous quarter of 2024-06-30, Nordisk Bergteknik AB's (OSTO:NORB B) actual revenue was $858.10 million, which missed analysts' revenue expectations of $896.33 million by -4.27%. Nordisk Bergteknik AB's (OSTO:NORB B) actual earnings were $0.47 per share, which beat analysts' earnings expectations of $0.26 per share by 80.77%. After releasing the results, Nordisk Bergteknik AB (OSTO:NORB B) was down by -5.17% in one day.
Nordisk Bergteknik AB (OSTO:NORB B, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 2 analysts, the average target price for Nordisk Bergteknik AB (OSTO:NORB B) is $19.50 with a high estimate of $24 and a low estimate of $15. The average target implies an upside of 26.46% from the current price of $15.42.
Based on GuruFocus estimates, the estimated GF Value for Nordisk Bergteknik AB (OSTO:NORB B, Financial) in one year is $31.43, suggesting an upside of 103.83% from the current price of $15.42.
Based on the consensus recommendation from 3 brokerage firms, Nordisk Bergteknik AB's (OSTO:NORB B, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies a strong buy, and 5 denotes a 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.
