Friday, 23 February 2024

Business News

Is AGRUF a Buy, Before Earnings? – TipRanks Financial Blog

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AF Gruppen ASA Class A (AGRUF) is scheduled to report 4th quarter earnings on 02/15/2024, before the market opens.

Regarding Q4 estimates, Wall Street analysts expect AF Gruppen ASA Class A to post earnings of NOK2.75 per share. Revenue expectations are pegged at NOK8.31 billion. Last quarter, AF Gruppen ASA Class A missed earnings estimates, reporting EPS of NOK0.49 on estimates of NOK1.87. The stock fell by -3.40% the day after the last earnings release.

Year-to-date, AGRUF stock has fallen by -15.88%.

About AF Gruppen ASA Class A

AF Gruppen ASA A is one of Norway’s leading contracting and industrial groups. It provides civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants. AF Gruppen’s customers are primarily public agencies and private companies.

Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.

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