Qliro AB (OSTO:QLIRO) Q3 2024 Earnings Report Preview: What To Look For

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Nov 14, 2024

Qliro AB (OSTO:QLIRO, Financial) is set to release its Q3 2024 earnings on Nov 15, 2024. The consensus estimate for Q3 2024 revenue is $111 million, and the earnings are expected to come in at $0.17 per share. The full year 2024's revenue is expected to be $453 million and the earnings are expected to be $0.55 per share. More detailed estimate data can be found on the Forecast page.

Qliro AB (OSTO:QLIRO, Financial) Estimates Trends

Revenue and earnings estimates for Qliro AB (OSTO:QLIRO) have remained steady over the past 90 days. For the full year 2024, revenue is projected to be $453 million and earnings are anticipated to be $0.55 per share. Looking ahead to 2025, revenue is forecasted to be $462 million with earnings expected to increase to $1.07 per share.

Qliro AB (OSTO:QLIRO, Financial) Reported History

In the previous quarter of 2024-06-30, Qliro AB's (OSTO:QLIRO) actual revenue was $117.10 million, which beat analysts' revenue expectations of $112 million by 4.55%. Qliro AB's (OSTO:QLIRO) actual earnings were $0.18 per share, which beat analysts' earnings expectations of $0.14 per share by 28.57%. After releasing the results, Qliro AB (OSTO:QLIRO) was down by -0.72% in one day.

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Qliro AB (OSTO:QLIRO, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for Qliro AB (OSTO:QLIRO) is $29 with a high estimate of $29 and a low estimate of $29. The average target implies an upside of 16% from the current price of $25.

Based on GuruFocus estimates, the estimated GF Value for Qliro AB (OSTO:QLIRO, Financial) in one year is $18.25, suggesting a downside of -27% from the current price of $25.

Based on the consensus recommendation from 1 brokerage firm, Qliro AB's (OSTO:QLIRO, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" 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.