What is annual earnings guidance?

Earnings guidance is defined as the comments management gives about what it expects its company will do in the future . These comments are also known as "forward-looking statements" because they focus on sales or earnings expectations in light of industry and macroeconomic trends.

What is the market share of Oceana Group?

Oceana Group Ltd is currently the 104th most valuable stock on the JSE with a market capitalization of ZAR 9.55 billion, which is about 0.048% of the Johannesburg Stock Exchange equity market.

Where can I find company earnings guidance?

Where to Find an Earnings Guidance Investor, public or press release. The company may issue the earnings guidance as an independent document issued to investors, the market at large or even the media. Quarterly reports. ... Earnings call. Sep 1, 2023

How accurate is earnings guidance?

The study surveyed 357 CFOs, investor-relations professionals and other executives at public companies in 2021. The paper finds that companies offer accurate guidance about 30% of the time . Their inaccurate forecasts, in turn, influence the earnings estimates given by Wall Street stock analysts.

Why do companies give earnings guidance?

Perhaps more importantly, formal earnings guidance signals management's confidence in the company's growth and stability . When executives refrain from providing a forecast, investors and analysts may conclude that management lacks good control over financial performance.

Does earnings guidance affect market returns?

Earnings guidance may affect levels of market uncertainty. If, for instance, guidance increases market uncertainty, this will increase the volatility of market returns . Since volatility shocks are persistent, this will increase expected returns and push stock prices down.

What is considered annual earnings?

Annual income refers to how much income you earn in one year before deductions . Annual income includes: Wages, salary, overtime pay, commissions and tips or bonuses before deductions. Any Social Security benefits, retirement funds or pensions.

What is mean annual earnings?

Annual income is the total value of income earned during a fiscal year . Gross annual income refers to all earnings before any deductions are made, and net annual income refers to the amount that remains after all deductions are made.

Oceana Group Limited Provides Earnings Guidance for the Six Months Ended 31 March 2024 (2024)

End-of-day quote Johannesburg S.E. Other stock markets 18:00:00 2024-04-24 EDT			5-day change	1st Jan Change
73.6 ^ZAR	+0.82%		-2.45%	+4.15%

04-18	Oceana Group Limited Provides Earnings Guidance for the Six Months Ended 31 March 2024	CI
03-11	Oceana Group Limited Announces Appointment of Poovendhri Viranna as Independent Non-Executive Director	CI

April 17, 2024 at 07:05 pm

Latest news about Oceana Group Limited

Oceana Group Limited Provides Earnings Guidance for the Six Months Ended 31 March 2024	04-17	CI
Oceana Group Limited Announces Appointment of Poovendhri Viranna as Independent Non-Executive Director	03-10	CI
Fire breaks out at Swedish amusem*nt park, man missing	02-12	RE
In this Spanish city, migrants keep fishing boats afloat	02-01	RE
The fisherman from Senegal keeping Spain's vessels afloat	02-01	RE
Oceana Lithium Hits New Lithium Target Zones at Brazil's Solonópole Project	01-05	MT
Australian Shares Tick Down as Market Awaits Key Inflation Data	01-05	MT
Oceana Lithium Reports Final Results from Solonópole Drilling; Completes Napperby Soil Sampling	01-04	MT
Oceana Lithium Opts Out of Canadian Lithium Project Acquisition; Shares Down 4%	01-01	MT
Oceana Group Limited Reports Earnings Results for the Full Year Ended September 30, 2023	11-27	CI
Transcript : Oceana Group Limited, 2023 Earnings Call, Nov 27, 2023	11-26
Oceana Group Limited Announces Final Cash Dividend for the Year Ended 30 September 2023, Payable on 27 December 2023	11-26	CI
Oceana Lithium Finds High-Priority Lithium Targets at Monaro Project in Canada; Shares jump 44%	11-15	MT
Oceana Group Limited Provides Earnings Guidance for the Year Ended 30 September 2023	23-10-25	CI
Ships speeding through US 'go slow' zones meant to protect endangered whale -report	23-10-19	RE
Oceana Group Reports Growth in Lucky Star's 11-month Canned Sales	23-09-18	MT
National Bank of Canada Notes OceanaGold's Milestone At Horseshoe Underground Mine	23-09-15	MT
South Africa’s Oceana Group Flags Higher FY23 EPS	23-08-17	MT
Oceana Lithium Starts Field Exploration at Canadian Lithium Project	23-08-17	MT
Oceana Group Limited Provides Earnings Guidance for the Year Ending 30 September 2023	23-08-16	CI
UK to issue 'hundreds' of new oil, gas licences in North Sea	23-07-31	AN
Oceana Group Refinances Daybrook Fisheries' Debt Facility	23-07-18	MT
Oceana Lithium Secures Option to Purchase Canadian Lithium Project, Raises AU$4 Million	23-07-05	MT
South African Regulator Finds No Wrongdoing In Oceana Group Investigation	23-06-23	MT
Oceana Lithium Intercepts Thick Pegmatites at Brazil's Solonópole Project	23-06-22	MT

Chart Oceana Group Limited

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Company Profile

Oceana Group Limited specializes in industrial fishing. Net sales break down by activity as follows:- production and sale of canned fish (77.7%): canned pilchard, sardine, tuna, anchovy, mackerel, etc. sold primarily under Lucky Star brand. The group also provides fishmeal and fish oil;- sale of horse mackerel, hake, lobster and squid (18.9%);- logistic services (3.4%): cold storage, handling services, etc.Net sales are distributed geographically as follows: South Africa and Namibia (55.4%), Africa (7.2%), Europe (19.6%), North America (15.6%), Far East (1.5%) and other (0.7%).

Sector

Food Processing

Calendar

2024-06-09 - Q2 2024 Earnings Call

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Ratings for Oceana Group Limited

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

73.6ZAR

Average target price

99ZAR

Spread / Average Target

+34.51%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Food Processing

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YIHAI KERRY ARAWANA HOLDINGS CO., LTD	-10.87%	22.26B

Other Food Processing

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News Oceana Group Limited
Oceana Group Limited Provides Earnings Guidance for the Six Months Ended 31 March 2024

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