Earnings Alerts

Leroy Seafood Group (LSG) Earnings: 2Q Revenue Surpasses Estimates with EPS of NOK0.75

  • Leroy’s second-quarter revenue reached NOK 8.83 billion, surpassing analyst estimates of NOK 8.42 billion.
  • The company’s Midt division successfully harvested 11,112 metric tons during this period.
  • Earnings per share (EPS) were NOK 0.75, exceeding the expected NOK 0.67.
  • Analyst recommendations include 8 buy ratings, 3 hold ratings, and 2 sell ratings.

A look at Leroy Seafood Group Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.2

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 shows a positive outlook for the long term. With a strong Dividend score of 4, investors can expect consistent and attractive dividend payouts from the company. The Value score of 3 indicates that Leroy Seafood Group is reasonably priced in relation to its financial performance, offering potential for growth in the future. Furthermore, the Growth, Resilience, and Momentum scores all sit at a solid 3, suggesting a steady performance across these key factors.

Leroy Seafood Group ASA, the parent company for a group of fish and seafood producers, is well-positioned to continue its global trade in fish products. With subsidiaries in strategic locations such as Denmark, France, and Portugal, Leroy Seafood Group has a strong presence in key markets. The combination of its solid Smartkarma Smart Scores and diversified operations bodes well for its future performance and stability in the seafood industry.


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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