What Wall Street expects from RaySearch Laboratories (B)'s earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 15 2024
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Source: Business Insider
Earnings Expectations: RaySearch Laboratories (B) is expected to report earnings per share of SEK 0.750 for Q2, a significant increase from SEK 0.320 in the same quarter last year, with anticipated total revenues of SEK 270.0 million compared to SEK 239.5 million previously.
Annual Projections: Analysts forecast an average profit of SEK 3.77 per share for the current fiscal year and predict annual sales to reach SEK 1.13 billion, up from SEK 2.38 per share and SEK 1.00 billion respectively in the previous year.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
