OMV quarterly figures December 31, 2023: Analysts forecast EPS and decline in sales

OMV quarterly figures December 31, 2023: Analysts forecast EPS and decline in sales

According to a report by www.finanzen.net, OMV has quarterly figures due to be published on February 1st, 2024. Analysts expect an average EPS of EUR 2.05, which is higher than last year (EUR 2.03). In terms of revenue, analysts expect a decline of 25.40 percent compared to last year's result, with OMV expected to post EUR 10.82 billion. For the past fiscal year, analysts are also forecasting a decline in earnings per share to EUR 7.46, compared to EUR 12.75 in the previous year, and a decline in sales of EUR 42.07 billion compared to EUR 62.30 billion in the previous fiscal year.

These developments could have various impacts on the market, the consumer and the industry. Declining sales and profits can lead to a loss of investor confidence and a drop in share price. This, in turn, can lead to capital outflows and a reduction in investment in the company. In addition, lower sales could also indicate reduced demand for OMV's products or services, potentially indicating greater economic problems in the industry or region. A precise analysis of the financial indicators and in-depth market observation are therefore crucial in order to better assess the impact on the market and the industry.