Oatly Group (NASDAQ:OTLY) reported its Q2 earnings results on Tuesday, August 2, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Oatly Group beat estimated earnings by 7.69%, reporting an EPS of $-0.12 versus an estimate of $-0.13.
Revenue was up $31.81 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 8.63% drop in the share price the next day.
Here’s a look at Oatly Group’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.12 | -0.09 | -0.09 | -0.10 |
| EPS Actual | -0.15 | -0.13 | -0.07 | -0.11 |
| Revenue Estimate | 161.78M | 174.22M | 185.95M | 147.21M |
| Revenue Actual | 166.19M | 185.93M | 171.06M | 146.15M |
To track all earnings releases for Oatly Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
