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Consensus estimates

Hydro Investor Relations compiles consensus estimates of Hydro's results every quarter based on the estimates provided by sell-side analysts covering Hydro. See the most recent sell-side analyst consensus collected by Hydro.

Pre Q4 sell-side analyst consensus estimates as of January 25, 2019 are available below.

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Consensus is based on the estimates provided by the following analysts:

15 estimates for all periods except Q1 2019: Arctic Securities, BoAML, Credit Suisse, Deutsche Bank, DNB, Goldman Sachs, Handelsbanken, JP Morgan Cazenove, Kepler Cheuvreux, Morgan Stanley, Nordea, Pareto, SEB, Sparebank1 Markets, UBS

13 estimates for Q1 2019: Arctic Securities, BoAML, Credit Suisse, Deutsche Bank, DNB, Goldman Sachs, Handelsbanken, JP Morgan Cazenove, Kepler Cheuvreux, Morgan Stanley, Nordea, Pareto, UBS.

Disclaimer: The consensus figure for a particular item represents the arithmetic average of all figures, in addition to high and low for the recently finished quarter, for that item submitted to Hydro by participating analysts from sources published by them. The consensus figures represent the analyst estimates available at the time of publication of the consensus figures on Hydro’s website, and do not reflect any changes in analysts’ estimates from that date and until the next publication date. Any opinions, forecasts, estimates, projections or predictions regarding Hydro’s performance and market prices made by the analysts, and thereby also the consensus estimates, are theirs alone and do not in any way represent the opinions, forecasts, estimates, projections or predictions of Hydro or its management. In providing these consensus figures, Hydro does not imply its endorsement of, or concurrence with, such information. The consensus figures are provided for information purposes only and should not be relied upon in making an investment decision. Hydro is not authorized to and is not providing any investment advice. Although Hydro intends to update this information periodically, Hydro assumes no obligation to do so.