Oatly Reports Third Quarter 2021 Financial Results

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Oatly (OTLY) Tops Q3 EPS by 2c, Revenue Misses Consensus, Guides Below Consensus

November 15, 2021 7:20 AM EST

(Updated - November 15, 2021 7:22 AM EST)

Oatly (NASDAQ: OTLY) reported Q3 EPS of ($0.07), $0.02 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $171.1 million versus the consensus estimate of $185.95 million.

For fiscal year 2021, the Company expects:

Revenue to exceed $635 million, an increase of greater than 51%... More