- Leroy’s third-quarter revenue was NOK7.89 billion, missing the estimated NOK8.07 billion.
- The company harvested 51,367 metric tons of produce, falling short of the estimated 52,566 metric tons.
- Sjotroll’s contribution to the harvest was 16,834 metric tons.
- Midt delivered a harvest of 16,931 metric tons.
- Aurora led the harvest efforts with 17,602 metric tons.
- Operational EBIT was reported at NOK412 million, significantly below the expected NOK583.4 million.
- Earnings per share (EPS) were NOK0.62, surpassing the estimate of NOK0.58.
- Analysts’ consensus shows 10 buy ratings, 3 hold ratings, and no sell ratings for Leroy.
A look at Leroy Seafood Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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 is positioned for a positive long-term outlook. With a strong momentum score of 5, the company shows promising growth potential in the market. Additionally, Leroy Seafood Group also scores well in terms of dividends at 4, indicating a stable return for investors. These factors, along with solid resilience and value scores of 3 each, position Leroy Seafood Group as a competitive player in the seafood industry.
Leroy Seafood Group ASA, the parent company overseeing a network of fish and seafood production and marketing entities, is strategically positioned for growth and stability. With subsidiaries in key European countries like Denmark, France, and Portugal, Leroy Seafood Group demonstrates a commitment to a global presence in the industry. The combination of value, dividends, growth, resilience, and momentum scores highlights the company’s well-rounded approach to delivering value to its stakeholders and navigating market challenges effectively.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
