Oatly Group Q2 EPS $(0.15) Misses $(0.12) Estimate, Sales $195.99M Miss $209.67M Estimate
Portfolio Pulse from Bill Haddad
Oatly Group reported Q2 losses of $(0.15) per share, missing the analyst consensus estimate of $(0.12) by 25%. The company also reported quarterly sales of $195.99 million, missing the analyst consensus estimate of $209.67 million by 6.53%. This represents a 10.13% increase over sales from the same period last year.
July 27, 2023 | 11:32 am
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NEGATIVE IMPACT
Oatly Group's Q2 earnings missed analyst estimates, with a larger than expected loss per share and lower than expected sales.
Oatly Group's Q2 earnings report shows a larger than expected loss per share and lower than expected sales, which could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100