Earnings To Watch: TF Bank AB (OSTO:TFBANK) Reports Q3 2024 Result

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2 days ago

TF Bank AB (OSTO:TFBANK, Financial) is set to release its Q3 2024 earnings on Oct 15, 2024. The consensus estimate for Q3 2024 revenue is $630 million, and the earnings are expected to come in at $5.72 per share. The full year 2024's revenue is expected to be $2.49 billion and the earnings are expected to be $23.74 per share. More detailed estimate data can be found on the Forecast page.

TF Bank AB (OSTO:TFBANK, Financial) Estimates Trends

Over the past 90 days, revenue estimates for TF Bank AB (OSTO:TFBANK) for the full year 2024 have increased from $2.46 billion to $2.49 billion. For 2025, revenue estimates have declined from $3.03 billion to $2.98 billion. Earnings estimates have risen from $22.19 per share to $23.74 per share for the full year 2024, while for 2025, they have slightly decreased from $30.86 per share to $30.83 per share.

TF Bank AB (OSTO:TFBANK, Financial) Reported History

In the previous quarter of 2024-06-30, TF Bank AB's (OSTO:TFBANK) actual revenue was $595.32 million, which missed analysts' revenue expectations of $598.33 million by -0.5%. TF Bank AB's (OSTO:TFBANK) actual earnings were $5.43 per share, which beat analysts' earnings expectations of $5.23 per share by 3.88%. After releasing the results, TF Bank AB (OSTO:TFBANK) was up by 1.62% in one day.

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TF Bank AB (OSTO:TFBANK, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for TF Bank AB (OSTO:TFBANK) is $320 with a high estimate of $330 and a low estimate of $310. The average target implies an upside of 18.96% from the current price of $269.

Based on GuruFocus estimates, the estimated GF Value for TF Bank AB (OSTO:TFBANK, Financial) in one year is $356.21, suggesting an upside of 32.42% from the current price of $269.

Based on the consensus recommendation from 2 brokerage firms, TF Bank AB's (OSTO:TFBANK, Financial) average brokerage recommendation is currently 1.5, indicating a "Buy" 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.