OTLY Earnings Prediction
The chart below shows how OTLY performed 10 days before and after its earnings report, based on data from the past quarters. Typically, OTLY sees a +9.37% change in stock price 10 days leading up to the earnings, and a +0.91% change 10 days following the report. On the earnings day itself, the stock moves by -7.86%. This data can give you a slight idea of what to expect for the next quarter's release.
OTLY Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
208.00M
10.88%
2.87%
Gross Margin
30.35%
45.01%
3.73%
Operating Margin
-9.63%
-62.53%
-41.03%
Net Margin
-16.65%
-170.97%
10.56%
EPS
-0.06
-250.00%
20.00%
No Data Available
OTLY Earnings Analysis
Oatly Group AB American Depositary Shares Corporation (OTLY.O) Earnings Conference Call
Positive
Revenue Growth Performance: 1. Strong Revenue Growth: Oatly reported a 10.9% year-over-year revenue growth, with constant currency revenue growth of 9.6% for Q3 2024.
Adjusted EBITDA Improvement: 2. Improved Adjusted EBITDA: The company achieved an adjusted EBITDA loss of only $5 million, marking a $31 million improvement compared to the previous year.
Gross Margin Improvement: 3. Significant Gross Margin Expansion: Gross margin for the quarter was 29.8%, which is 1,240 basis points higher than a year ago, demonstrating improved operational efficiency.
Volume Growth Surge: 4. Volume Growth Acceleration: Oatly experienced a 13% year-over-year growth in volume, contributing to the overall revenue increase and operational strength.
Strong Liquidity Position: 5. Positive Cash Flow Position: The company ended the quarter with a strong liquidity position of $322 million, including $119 million in cash and $203 million in undrawn credit facilities.
Negative
Revenue Growth Guidance Adjustment: 1. Lowered Revenue Growth Guidance: Oatly now expects constant currency revenue growth to be near or slightly below the low end of the previously provided range of 6% to 10%.
Adjusted EBITDA Loss: 2. Adjusted EBITDA Loss: The company reported an adjusted EBITDA loss of $5 million for the quarter, indicating ongoing financial challenges despite improvements in profitability.
International Market Decline: 3. Decline in International Expansion Markets: Oatly's international expansion markets experienced a 4% volume decline in the quarter, primarily due to increased competition in Southeast Asia.
U.K. Plant-Based Milk Struggles: 4. Sluggish Category Growth in the U.K.: The overall growth of the plant-based milk category has been sluggish, particularly in the U.K., impacting Oatly's performance in that region.
Price/Mix Headwind Impact: 5. Negative Price/Mix Impact: The price/mix was a 3.4% headwind for the quarter, contributing to a lower constant currency revenue growth of 9.6%.
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OTLY Earning Call Sentiment
Oatly Group AB (OTLY) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
OTLY.O
-7.88%Positive
Oatly's earnings call reflects strong operational efficiencies, improved gross margins, and a significant reduction in EBITDA loss. Despite some challenges in revenue growth guidance and competitive pressures, the company's strategic initiatives and improved financial metrics suggest a positive outlook. The lack of shareholder return plans is a minor drawback, but the overall sentiment is bolstered by strong financial performance and optimistic guidance.
