Robit PLC (OHEL:ROBIT) Q3 2024 Earnings Report Preview: What to Expect

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Oct 23, 2024

Robit PLC (OHEL:ROBIT, Financial) is set to release its Q3 2024 earnings on October 24, 2024. The consensus estimate for Q3 2024 revenue is $26 million, and the earnings are expected to come in at $0.02 per share. The full year 2024's revenue is expected to be $101 million and the earnings are expected to be $0.14 per share. More detailed estimate data can be found on the Forecast page.

Robit PLC (OHEL:ROBIT, Financial) Estimate Trends

Over the past 90 days, revenue estimates for Robit PLC (OHEL:ROBIT) have remained stable at $101 million for the full year 2024 and $107 million for 2025. Earnings estimates have also remained unchanged at $0.14 per share for the full year 2024 and $0.20 per share for 2025.

Robit PLC (OHEL:ROBIT, Financial) Reported History

In the previous quarter of June 30, 2024, Robit PLC's (OHEL:ROBIT) actual revenue was $24.60 million, which missed analysts' revenue expectations of $25 million by -1.61%. Robit PLC's (OHEL:ROBIT) actual earnings were $0.03 per share, which met analysts' earnings expectations. After releasing the results, Robit PLC (OHEL:ROBIT) was down by -5.57% in one day.

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Robit PLC (OHEL:ROBIT, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for Robit PLC (OHEL:ROBIT) is $1.90 with a high estimate of $1.90 and a low estimate of $1.90. The average target implies an upside of 18.01% from the current price of $1.61.

Based on GuruFocus estimates, the estimated GF Value for Robit PLC (OHEL:ROBIT, Financial) in one year is $2.27, suggesting an upside of 40.99% from the current price of $1.61.

Based on the consensus recommendation from 1 brokerage firm, Robit PLC's (OHEL:ROBIT, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies a strong buy, and 5 denotes a 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.