New Risk • Jun 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Argentinean stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • May 18
First quarter 2026 earnings released: EPS: AR$62.23 (vs AR$47.31 in 1Q 2025) First quarter 2026 results: EPS: AR$62.23 (up from AR$47.31 in 1Q 2025). Revenue: AR$119.1b (up 19% from 1Q 2025). Net income: AR$6.64b (up 32% from 1Q 2025). Profit margin: 5.6% (up from 5.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 128% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 26
Grupo Clarín S.A., Annual General Meeting, May 05, 2026 Grupo Clarín S.A., Annual General Meeting, May 05, 2026. Location: hector mario aranda, social headquarters, 1743 piedras street, buenos aires Argentina Reported Earnings • Mar 15
Full year 2025 earnings released: EPS: AR$421 (vs AR$37.68 loss in FY 2024) Full year 2025 results: EPS: AR$421 (up from AR$37.68 loss in FY 2024). Revenue: AR$540.0b (up 53% from FY 2024). Net income: AR$45.0b (up AR$49.0b from FY 2024). Profit margin: 8.3% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has increased by 143% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Dec 22
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. 2 independent directors (8 non-independent directors). Independent Director Alberto Jose Menzani was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Oct 25
Grupo Clarín S.A. to Report Q3, 2025 Results on Nov 10, 2025 Grupo Clarín S.A. announced that they will report Q3, 2025 results After-Market on Nov 10, 2025 Announcement • Aug 02
Grupo Clarín S.A. to Report Q2, 2025 Results on Aug 11, 2025 Grupo Clarín S.A. announced that they will report Q2, 2025 results After-Market on Aug 11, 2025 Announcement • May 09
Grupo Clarín S.A. to Report Q1, 2025 Results on May 09, 2025 Grupo Clarín S.A. announced that they will report Q1, 2025 results After-Market on May 09, 2025 Announcement • Mar 31
Grupo Clarín S.A., Annual General Meeting, May 09, 2025 Grupo Clarín S.A., Annual General Meeting, May 09, 2025. Location: hector mario aranda, social headquarters, 1743 piedras street, buenos aires Argentina Announcement • Mar 03
Grupo Clarín S.A. to Report Q4, 2024 Results on Mar 10, 2025 Grupo Clarín S.A. announced that they will report Q4, 2024 results After-Market on Mar 10, 2025 Announcement • Oct 30
Grupo Clarín S.A. to Report Q3, 2024 Results on Nov 08, 2024 Grupo Clarín S.A. announced that they will report Q3, 2024 results After-Market on Nov 08, 2024 Announcement • Jul 27
Grupo Clarín S.A. to Report Q2, 2024 Results on Aug 09, 2024 Grupo Clarín S.A. announced that they will report Q2, 2024 results After-Market on Aug 09, 2024 Announcement • May 09
Grupo Clarín S.A. to Report Q1, 2024 Results on May 13, 2024 Grupo Clarín S.A. announced that they will report Q1, 2024 results After-Market on May 13, 2024 Announcement • Mar 05
Grupo Clarín S.A. to Report Q4, 2023 Results on Mar 08, 2024 Grupo Clarín S.A. announced that they will report Q4, 2023 results After-Market on Mar 08, 2024 Announcement • Dec 24
Grupo Clarín Announces Cancellation of the Listing and Admission to Trading of the Global Depositary Shares Representing Class B Shares of its Common Stock from the London Stock Exchange Further to its press release of 22 November 2023, Grupo Clarín S.A. (‘the Company’) announced that earlier December 22, 2023 (a) the UK Financial Conduct Authority cancelled the listing of the Global Depositary Shares (with ISIN US40052A4076 and ISIN US40052A3086) representing the class B shares of common stock of the Company (the ‘GDSs’) from the Official List, and (b) the London Stock Exchange cancelled the admission of the GDSs to trading on the Main Market. Reported Earnings • Nov 14
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: AR$35.1b (up 124% from 3Q 2022). Net loss: AR$2.72b (loss widened 314% from 3Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in South America. Announcement • Nov 08
Grupo Clarín S.A. to Report Q3, 2023 Results on Nov 10, 2023 Grupo Clarín S.A. announced that they will report Q3, 2023 results After-Market on Nov 10, 2023 Reported Earnings • Aug 13
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: AR$27.1b (up 42% from 2Q 2022). Net loss: AR$316.3m (down 423% from profit in 2Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in South America. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 148% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 01
Grupo Clarín S.A. to Report Q2, 2023 Results on Aug 11, 2023 Grupo Clarín S.A. announced that they will report Q2, 2023 results After-Market on Aug 11, 2023 Announcement • Jun 15
Grupo Clarín S.A. Announces Board Changes On 13 June 2023, Grupo Clarín S.A. informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that the Company's Supervisory Committee had accepted the leave of absence requested by one of its members, Mr. Hugo E. Lopez, for personal reasons, from (and including) 19 June 2023 to (and including) 5 July 2023. Mr. Lopez will resume his position automatically as from 6 July 2023. The Supervisory Committee also resolved that Mr. Jorge Jaime José de la María Martinez de Hoz, alternate member appointed by the Class A shareholders, shall substitute for Mr. Lopez as full member for the duration of Mr. Lopez's leave. Announcement • Jun 10
Grupo Clarín S.A. Announces Executive Changes On 8 June 2023, Grupo Clarín S.A. informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that the company's Board of Directors had accepted the leave of absence requested by its president, Mr. Jorge C. Rendo, from (and including) 6 June 2023 to (and including) 23 June 2023. Mr. Rendo will resume his position automatically as from 26 June 2023. The Board of Directors also resolved that Mr. Francisco Iván Acevedo shall substitute for Mr. Rendo as full member for the duration of Mr. Rendo's leave; and that Mr. Héctor Mario Aranda shall act as President of the Board of Directors in Mr. Rendo´s absence. Reported Earnings • May 16
First quarter 2023 earnings released First quarter 2023 results: Revenue: AR$22.8b (up 84% from 1Q 2022). Net income: AR$1.06b (up AR$997.0m from 1Q 2022). Profit margin: 4.7% (up from 0.5% in 1Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Media industry in South America. Announcement • May 09
Grupo Clarín S.A. to Report Q1, 2023 Results on May 12, 2023 Grupo Clarín S.A. announced that they will report Q1, 2023 results After-Market on May 12, 2023 Reported Earnings • Mar 14
Full year 2022 earnings released: AR$12.85 loss per share (vs AR$9.73 profit in FY 2021) Full year 2022 results: AR$12.85 loss per share (down from AR$9.73 profit in FY 2021). Revenue: AR$73.6b (up 83% from FY 2021). Net loss: AR$1.37b (down 232% from profit in FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Media industry in South America. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Nov 16
Price target increased to AR$160 Up from AR$135, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of AR$158. Stock is up 42% over the past year. The company posted earnings per share of AR$9.73 last year. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 1 independent director (9 non-independent directors). Independent Director Andres Riportella was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: AR$0.65 (vs AR$2.27 in 2Q 2021) Second quarter 2022 results: EPS: AR$0.65 (down from AR$2.27 in 2Q 2021). Revenue: AR$13.4b (up 44% from 2Q 2021). Net income: AR$68.8m (down 72% from 2Q 2021). Profit margin: 0.5% (down from 2.6% in 2Q 2021). Over the next year, revenue is forecast to grow 30% compared to a 4.9% decline forecast for the industry in Argentina. Over the last 3 years on average, earnings per share has increased by 85% per year whereas the company’s share price has increased by 86% per year. Buying Opportunity • Jun 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be AR$186, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Price Target Changed • Apr 27
Price target increased to AR$135 Up from AR$54.00, the current price target is provided by 1 analyst. New target price is 18% below last closing price of AR$165. Stock is up 289% over the past year. The company posted earnings per share of AR$9.73 last year. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. 2 highly experienced directors. 2 independent directors (9 non-independent directors). Independent Permanent Director Andres Riportella was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 12
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: AR$40.1b (up 51% from FY 2020). Net income: AR$1.04b (up AR$1.31b from FY 2020). Profit margin: 2.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improved over the past week After last week's 18% share price gain to AR$146, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 14x in the Media industry in South America. Total returns to shareholders of 204% over the past three years. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS AR$2.99 (vs AR$4.32 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: AR$9.52b (up 63% from 3Q 2020). Net income: AR$319.3m (up AR$780.3m from 3Q 2020). Profit margin: 3.4% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 33% share price gain to AR$121, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 13x in the Media industry in South America. Total returns to shareholders of 112% over the past three years. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment improved over the past week After last week's 16% share price gain to AR$89.00, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 13x in the Media industry in South America. Total returns to shareholders of 56% over the past three years. Reported Earnings • Aug 14
Second quarter 2021 earnings released: EPS AR$1.48 (vs AR$2.91 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: AR$7.88b (up 40% from 2Q 2020). Net income: AR$158.9m (down 49% from 2Q 2020). Profit margin: 2.0% (down from 5.5% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improved over the past week After last week's 20% share price gain to AR$68.60, the stock trades at a trailing P/E ratio of 6.3x. Average forward P/E is 16x in the Media industry in South America. Total returns to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 40% share price gain to AR$61.55, the stock trades at a trailing P/E ratio of 5.7x. Average forward P/E is 16x in the Media industry in South America. Total returns to shareholders of 9.1% over the past three years. Reported Earnings • May 14
First quarter 2021 earnings released: EPS AR$6.38 (vs AR$5.22 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: AR$6.89b (up 28% from 1Q 2020). Net income: AR$680.9m (up AR$1.24b from 1Q 2020). Profit margin: 9.9% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 13
Full year 2020 earnings released: AR$2.57 loss per share (vs AR$14.12 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: AR$26.6b (up 4.8% from FY 2019). Net loss: AR$274.4m (loss narrowed 82% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 13% per year. Analyst Estimate Surprise Post Earnings • Mar 13
Revenue beats expectations Revenue exceeded analyst estimates by 24%. Over the next year, revenue is expected to shrink by 2.9% compared to a 9.0% growth forecast for the Media industry in Argentina. Is New 90 Day High Low • Jan 07
New 90-day high: AR$40.00 The company is up 21% from its price of AR$33.00 on 09 October 2020. The Argentinean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 14% over the same period. Analyst Estimate Surprise Post Earnings • Dec 08
Revenue beats expectations Revenue exceeded analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 9.5%, compared to a 13% growth forecast for the Media industry in Argentina. Is New 90 Day High Low • Nov 25
New 90-day high: AR$39.00 The company is up 28% from its price of AR$30.50 on 27 August 2020. The Argentinean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 15% over the same period. Is New 90 Day High Low • Nov 03
New 90-day high: AR$34.90 The company is up 3.0% from its price of AR$34.00 on 05 August 2020. The Argentinean market is down 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 4.0% over the same period. Announcement • Sep 02
Grupo Clarín S.A. to Report Q2, 2020 Results on Sep 08, 2020 Grupo Clarín S.A. announced that they will report Q2, 2020 results at 9:00 AM, Montevideo Standard Time on Sep 08, 2020