ODDITY Tech Ltd (ODD) Q3 2024: Everything You Need to Know Ahead of Earnings

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Nov 06, 2024

ODDITY Tech Ltd (ODD, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $116.46 million, and the earnings are expected to come in at $0.16 per share. The full year 2024's revenue is expected to be $638.49 million and the earnings are expected to be $1.41 per share. More detailed estimate data can be found on the Forecast page.

ODDITY Tech Ltd (ODD, Financial) Estimates Trends

Over the past 90 days, revenue estimates for ODDITY Tech Ltd (ODD) for the full year 2024 have increased from $634.31 million to $638.49 million and for 2025 from $765.88 million to $766.30 million. Earnings estimates for the full year 2024 have increased from $1.37 per share to $1.41 per share, while for 2025, they have declined from $1.45 per share to $1.33 per share.

ODDITY Tech Ltd (ODD, Financial) Reported History

In the previous quarter of June 30, 2024, ODDITY Tech Ltd's (ODD) actual revenue was $192.77 million, which beat analysts' revenue expectations of $188.55 million by 2.24%. ODDITY Tech Ltd's (ODD) actual earnings were $0.73 per share, which beat analysts' earnings expectations of $0.61 per share by 20.66%. After releasing the results, ODDITY Tech Ltd (ODD) was down by -1.05% in one day.

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ODDITY Tech Ltd (ODD, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 6 analysts, the average target price for ODDITY Tech Ltd (ODD) is $49.33 with a high estimate of $60 and a low estimate of $39. The average target implies an upside of 16.54% from the current price of $42.33.

Based on GuruFocus estimates, the estimated GF Value for ODDITY Tech Ltd (ODD, Financial) in one year is $0, suggesting a downside of -100% from the current price of $42.33.

Based on the consensus recommendation from 7 brokerage firms, ODDITY Tech Ltd's (ODD, Financial) average brokerage recommendation is currently 2.1, indicating an "Outperform" 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.