Norion Bank AB (OSTO:NORION, Financial) is set to release its Q3 2024 earnings on Oct 18, 2024. The consensus estimate for Q3 2024 revenue is $906 million, and the earnings are expected to come in at $1.45 per share. The full year 2024's revenue is expected to be $3.69 billion and the earnings are expected to be $5.92 per share. More detailed estimate data can be found on the Forecast page.
Norion Bank AB (OSTO:NORION, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Norion Bank AB (OSTO:NORION) have seen an upward revision from $3.68 billion to $3.69 billion for the full year 2024, and a slight decrease from $3.89 billion to $3.88 billion for 2025. Earnings estimates have also been adjusted, rising from $5.91 per share to $5.92 per share for the full year 2024, and from $6.18 per share to $6.21 per share for 2025.
Norion Bank AB (OSTO:NORION, Financial) Reported History
In the previous quarter of 2024-06-30, Norion Bank AB's (OSTO:NORION) actual revenue was $947 million, which beat analysts' revenue expectations of $940 million by 0.74%. Norion Bank AB's (OSTO:NORION) actual earnings were $1.59 per share, which beat analysts' earnings expectations of $1.57 per share by 1.27%. After releasing the results, Norion Bank AB (OSTO:NORION) was down by -0.23% in one day.
Norion Bank AB (OSTO:NORION, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 2 analysts, the average target price for Norion Bank AB (OSTO:NORION) is $50.5 with a high estimate of $51 and a low estimate of $50. The average target implies an upside of 18.82% from the current price of $42.5.
Based on GuruFocus estimates, the estimated GF Value for Norion Bank AB (OSTO:NORION, Financial) in one year is $0, suggesting a downside of -100% from the current price of $42.5.
Based on the consensus recommendation from 2 brokerage firms, Norion Bank AB's (OSTO:NORION, 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.
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.
