What To Expect From Purmo Group PLC (OHEL:PURMO) Q3 2024 Earnings

Purmo Group PLC (OHEL:PURMO, Financial) is set to release its Q3 2024 earnings on Oct 22, 2024. The consensus estimate for Q3 2024 revenue is $174 million, and the earnings are expected to come in at $0.08 per share. The full year 2024's revenue is expected to be $719.5 million and the earnings are expected to be $0.44 per share. More detailed estimate data can be found on the Forecast page.

Purmo Group PLC (OHEL:PURMO, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Purmo Group PLC (OHEL:PURMO) for the full year 2024 have increased slightly from $719.33 million to $719.5 million. However, the estimates for 2025 have seen a decrease from $748 million to $744.5 million. Earnings estimates for the full year 2024 have been revised downward from $0.49 per share to $0.44 per share, and for 2025, the estimates have also been reduced from $0.95 per share to $0.88 per share.

Purmo Group PLC (OHEL:PURMO, Financial) Reported History

In the previous quarter of June 30, 2024, Purmo Group PLC's (OHEL:PURMO) actual revenue was $171.5 million, which missed analysts' revenue expectations of $173.5 million by -1.15%. Purmo Group PLC's (OHEL:PURMO) actual earnings were -$0.03 per share, which missed analysts' earnings expectations of $0.08 per share by -137.5%. After releasing the results, Purmo Group PLC (OHEL:PURMO) was down by -1.22% in one day.

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Purmo Group PLC (OHEL:PURMO, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for Purmo Group PLC (OHEL:PURMO) is $11.06 with a high estimate of $11.06 and a low estimate of $11.06. The average target implies a downside of -1.25% from the current price of $11.2.

Based on GuruFocus estimates, the estimated GF Value for Purmo Group PLC (OHEL:PURMO, Financial) in one year is $6.68, suggesting a downside of -40.36% from the current price of $11.2.

Based on the consensus recommendation from 1 brokerage firm, Purmo Group PLC's (OHEL:PURMO, Financial) average brokerage recommendation is currently 4.0, indicating an "Underperform" 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.