What To Expect From Aasen Sparebank (OSL:AASB) Q3 2024 Earnings

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7 days ago

Aasen Sparebank (OSL:AASB, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $44.10 million, and the earnings are expected to come in at $2.86 per share. The full year 2024's revenue is expected to be $178.30 million and the earnings are expected to be $11.09 per share. More detailed estimate data can be found on the Forecast page.

Aasen Sparebank (OSL:AASB, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Aasen Sparebank (OSL:AASB) for the full year 2024 have increased from $178.10 million to $178.30 million, and for 2025, the estimates have risen from $179.20 million to $179.80 million. During the same period, earnings estimates have seen a decline; for the full year 2024, estimates decreased from $11.40 per share to $11.09 per share, and for 2025, they have dropped from $10.92 per share to $10.24 per share.

Aasen Sparebank (OSL:AASB, Financial) Reported History

In the previous quarter of June 30, 2024, Aasen Sparebank's (OSL:AASB) actual revenue was $48.18 million, which beat analysts' revenue expectations of $44.60 million by 8.03%. Aasen Sparebank's (OSL:AASB) actual earnings were $3.93 per share, which beat analysts' earnings expectations of $3.66 per share by 7.24%. After releasing the results, Aasen Sparebank (OSL:AASB) was flat in one day.

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Aasen Sparebank (OSL:AASB, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for Aasen Sparebank (OSL:AASB) is $120 with a high estimate of $120 and a low estimate of $120. The average target implies a downside of -0.33% from the current price of $120.40.

Based on GuruFocus estimates, the estimated GF Value for Aasen Sparebank (OSL:AASB, Financial) in one year is $126.31, suggesting an upside of 4.91% from the current price of $120.40.

Based on the consensus recommendation from 1 brokerage firm, Aasen Sparebank's (OSL:AASB, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" 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.