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Elekta Jumps 5% in Relief Rally After Earnings Beat, Analysts Say

(PLX AI) – Elekta shares jumped 5% at the open in a relief rally after the company reported earnings exceeding consensus estimates, analysts said. Elekta Q4 sales SEK 4,239 million beat estimate SEK 4,115 million, while Q4 EBIT SEK 570 million beat …

  • (PLX AI) – Elekta shares jumped 5% at the open in a relief rally after the company reported earnings exceeding consensus estimates, analysts said.
  • Elekta Q4 sales SEK 4,239 million beat estimate SEK 4,115 million, while Q4 EBIT SEK 570 million beat estimate SEK 525 million
  • The stock has been very weak ahead of the report and valuation is attractive at EV/EBITA of only 13x for the new fiscal year, Carnegie said
  • With short interest particularly high, we could see some volatility today, analysts at Bank of America said
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Elekta Jumps 5% in Relief Rally After Earnings Beat, Analysts Say (PLX AI) – Elekta shares jumped 5% at the open in a relief rally after the company reported earnings exceeding consensus estimates, analysts said. Elekta Q4 sales SEK 4,239 million beat estimate SEK 4,115 million, while Q4 EBIT SEK 570 million beat …

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