Earnings Alerts

Impressive Leroy Seafood Group (LSG) Earnings: 4Q Harvest Outperforms with 20% Increase

  • Leroy’s fourth-quarter harvest for 2024 amounted to 56,800 metric tons, marking a 20% increase year-over-year.
  • The harvest surpassed market estimates, which were set at 54,271 metric tons.
  • The total harvested volume of salmon and trout for the entire year 2024 was 171,200 GWT.
  • This represents an increase from the 159,600 GWT harvested in 2023.
  • The reported figures do not include harvest volumes from Scottish Seafarms.
  • Analyst recommendations for Leroy include 10 buy ratings, 3 hold ratings, and no sell ratings.

A look at Leroy Seafood Group Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Leroy Seafood Group appears to have a positive long-term outlook. With a strong Dividend score of 4 and Momentum score of 4, the company is showing promising signs of stability and growth. Additionally, Leroy Seafood Group‘s Value, Growth, and Resilience scores all fall within the range of 3, indicating a solid overall performance across key factors. This suggests that Leroy Seafood Group is well-positioned to maintain its market standing and potentially expand its operations in the future.

Leroy Seafood Group ASA, the parent corporation of a group of fish and seafood production and marketing companies, has subsidiaries in Denmark, France, and Portugal. Specializing in ocean and farmed fish products, Leroy engages in trading activities globally with various stakeholders in the industry. With its steady performance across different aspects like Dividend and Momentum, Leroy Seafood Group is poised for continued success in the evolving seafood market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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