Oatly Group Q2 EPS $(0.05) Beats $(0.07) Estimate, Sales $202.19M Beat $201.17M Estimate

7/24/24 7:03:10 AM ET

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Oatly Group (NASDAQ:OTLY) reported quarterly losses of $(0.05) per share which beat the analyst consensus estimate of $(0.07) by 28.57 percent. This is a 66.67 percent increase over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $202.19 million which beat the analyst consensus estimate of $201.17 million by 0.51 percent. This is a 3.17 percent increase over sales of $195.99 million the same period last year.

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Recent Analyst Ratings for
$OTLY

Date	Price Target	Rating	Analyst
7/25/2024		Neutral → Outperform	Exane BNP Paribas
3/1/2024	$1.50	Buy	DA Davidson
2/20/2024	$1.25	Equal-Weight	Morgan Stanley
8/2/2023		Overweight → Neutral	JP Morgan
7/31/2023	$7.00 → $1.80	Outperform → Sector Perform	RBC Capital Mkts
5/5/2023		Neutral → Underperform	Exane BNP Paribas
1/18/2023	$2.50 → $6.00	Neutral → Buy	Mizuho
9/13/2022		Outperform → Neutral	Credit Suisse

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$OTLY
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Oatly to Report Third Quarter 2024 Financial Results on November 7, 2024
MALMÖ, Sweden, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertis
10/7/24 7:00:00 AM ET
$OTLY
Packaged Foods
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Oatly Announces Partnership with EF Pro Cycling
MALMÖ, Sweden, June 27, 2024 (GLOBE NEWSWIRE) -- Oatly, the world's original and largest oatmilk company, today announced it has entered into a multi-year sponsorship of EF Pro Cycling, one of the world's most prestigious professional cycling organizations and the longest running team in the United States. As part of the partnership, Oatly will become an "Official Performance Partner" of the Men's and Women's Teams and the "Official Worldwide Co-Title Sponsor" of the Women's team, now known as "EF-Oatly-Cannondale." "One of our key objectives is to bring the Oatly magic to more people and this partnership with EF Pro Cycling is certainly geared towards that. As one of the most popular a
6/27/24 8:30:00 AM ET
$OTLY
Packaged Foods
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Oatly to Report Second Quarter 2024 Financial Results on July 24, 2024
MALMÖ, Sweden, June 24, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the second quarter ended June 30, 2024, on Wednesday, July 24, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertise arou
6/24/24 7:00:00 AM ET
$OTLY
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$OTLY
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Oatly to Report Third Quarter 2024 Financial Results on November 7, 2024
MALMÖ, Sweden, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertis
10/7/24 7:00:00 AM ET
$OTLY
Packaged Foods
Consumer Staples
Oatly to Report Second Quarter 2024 Financial Results on July 24, 2024
MALMÖ, Sweden, June 24, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the second quarter ended June 30, 2024, on Wednesday, July 24, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertise arou
6/24/24 7:00:00 AM ET
$OTLY
Packaged Foods
Consumer Staples
Oatly Group AB Announces Results of 2024 Annual General Meeting
MALMÖ, Sweden, May 15, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY) ("Oatly" or the "Company"), the world's original and largest oat drink company, today announced the results of its Annual General Meeting of shareholders (the "AGM") held on May 15, 2024. The AGM adopted, inter alia, the following resolutions: Adoption of the income statement and balance sheet, disposition regarding the Company's results and discharge from liability The AGM adopted the Company's profit and loss account and the balance sheet as well as the consolidated profit and loss account and consolidated balance sheet. The AGM resolved, in accordance with the board of directors' proposal, that no d
5/15/24 8:40:55 AM ET
$OTLY
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Oatly Group Q2 EPS $(0.05) Beats $(0.07) Estimate, Sales $202.19M Beat $201.17M Estimate

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Recent Analyst Ratings for
$OTLY

$OTLY
Press Releases

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Oatly to Report Third Quarter 2024 Financial Results on November 7, 2024

Oatly Announces Partnership with EF Pro Cycling

Oatly to Report Second Quarter 2024 Financial Results on July 24, 2024

$OTLY
Market Insights

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Oatly Raises FY24 Constant Currency Revenue Growth From 55 - 10% to 6% - 10%

Oatly shares are trading higher following better-than-expected Q2 financial results.