Previous close | 3.8900 |
Open | 3.9500 |
Bid | 0.0000 x 3100 |
Ask | 0.0000 x 2900 |
Day's range | 3.9500 - 4.2500 |
52-week range | 2.7500 - 19.1400 |
Volume | |
Avg. volume | 3,939,491 |
Market cap | 2.376B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.4640 |
Earnings date | 02 Aug 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 6.27 |
Oatly's (NASDAQ: OTLY) biggest problem used to be that it couldn't keep up with demand for its popular dairy substitute. Oatly had originally planned to spend between $300 million and $400 million this year on capital expenditures. To put that spending in perspective, the top end of Oatly's latest revenue guidance range for this year is $830 million.
Good morning, and thank you for joining us on Oatly second quarter 2022 earnings conference call and webcast. On today's call are Toni Petersson, chief executive officer; and Christian Hanke, chief financial officer. Peter Bergh, chief strategy officer, will also be available for questions.
Shares of Oatly Group (NASDAQ: OTLY) were down by 13% as of 1:33 p.m. ET Tuesday after the plant-based dairy company reported its second-quarter results. Revenue growth accelerated from the first quarter to a rate of 21.8% year over year, but investors were looking for more. Absent the impact of foreign currency changes, Oatly's top line would have increased by 30%.