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Orsted (GB:0RHE)
:0RHE
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
9.29Last Year’s EPS
5.7Same Quarter Last Year
Based on 16 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: 9.83%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
Ørsted's earnings call highlighted strong EBITDA performance and significant renewable capacity growth, yet faced challenges with U.S. offshore wind impairments, cost pressures, and credit metric concerns. The commitment to strategic focus and cost efficiency measures suggests a proactive approach amidst market and execution challenges.Company Guidance
During the Ørsted Q4 2024 Earnings Call, the company articulated a strategic shift by announcing a 25% reduction in projected investments towards 2030, aiming to strengthen its capital structure and maintain a solid investment-grade credit rating. Ørsted achieved a 2024 EBITDA of DKK24.8 billion, aligning with its guidance range of DKK24 billion to DKK26 billion, and recorded a total group EBITDA of DKK32 billion, one of its highest ever. Despite challenges in the U.S. offshore wind projects, Ørsted remains committed to delivering on its construction program, with more than 8 gigawatts currently under construction and an operational fleet of 10 gigawatts. The company also highlighted a DKK15.6 billion impairment related to U.S. offshore wind portfolio setbacks. The outlook for 2025 expects an EBITDA range of DKK25 billion to DKK28 billion, driven by ramp-up generation and increased availability rates, while continuing its focus on cost-efficiency measures and strategic divestments to ensure financial robustness.EBITDA Achievement
For the full year 2024, Ørsted achieved an EBITDA of DKK24.8 billion, in line with the guidance of DKK24 billion to DKK26 billion, marking a DKK700 million increase compared to last year.
Record EBITDA Including New Partnerships
The total group EBITDA for 2024, including new partnerships and cancellation fees, was DKK32 billion, one of the highest levels in the company's history.
Significant Renewable Capacity Commissioned
Ørsted commissioned approximately 2.4 gigawatts of total renewable capacity across offshore and onshore assets in 2024.
Reduction in Injury Rates
Ørsted reduced its total recordable injury rate for the second consecutive year in 2024.
Successful Contract Settlements
Ørsted settled a large number of contracts related to Ocean Wind 1 and Flagship 1 at better-than-assumed terms, leading to a net reversal of cancellation fees of DKK7.3 billion.
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GB:0RHE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:0RHE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | kr279.07 | kr296.97 | +6.41% |
| Nov 05, 2024 | kr417.60 | kr421.74 | +0.99% |
| Aug 15, 2024 | kr423.97 | kr392.75 | -7.36% |
| May 02, 2024 | kr383.59 | kr390.97 | +1.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Orsted (GB:0RHE) report earnings?
Orsted (GB:0RHE) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Orsted (GB:0RHE) earnings time?
Orsted (GB:0RHE) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Orsted stock?
The P/E ratio of Orsted is N/A.
What is GB:0RHE EPS forecast?
GB:0RHE EPS forecast for the fiscal quarter 2025 (Q1) is 9.29.
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