OB:OTLEnergy Services
Odfjell Technology (OB:OTL) Stock Faces A Bigger Margin Question
Odfjell Technology stock comes into this earnings print with a flat week and only a small 30 day rise, which indicates investors were cautious rather than euphoric. The numbers just dropped and the headline is clear. Profitability, not revenue, is the real story.
Quarterly revenue is roughly NOK 1.4b, yet the market mood hinges on the record EBITDA of NOK 243m with a 17.4% margin and a clear step up in earnings per share from Q1 to Q2. The key question now is whether today’s modest price...