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

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

Oatly Group AB (OTLY) PT Lowered to $23 at Cowen

November 16, 2021 6:57 AM EST

Cowen analyst Brian Holland lowered the price target on Oatly Group AB (NASDAQ: OTLY) to $23.00 (from $26.00) while maintaining an Outperform rating.

The analyst commented, "We believe the runway for the oat based segment is significant based on its relative value proposition vis... More

Oatly (OTLY) Shares Crash 20% on Sales Miss and Warning, Analyst Remains Bullish on Oat Milk

November 15, 2021 9:25 AM EST

Shares of Oatly (NASDAQ: OTLY) are down nearly 20% after the company reported disappointments Q3 results and guidance.

Oatly reported EPS of ($0.07), $0.02 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $171.1 million to miss on the consensus estimate of $185.95... More