Stock Analysis

Fras-le First Quarter 2024 Earnings: EPS: R$0.40 (vs R$0.34 in 1Q 2023)

BOVESPA:FRAS3

Fras-le (BVMF:FRAS3) First Quarter 2024 Results

Key Financial Results

  • Revenue: R$841.3m (flat on 1Q 2023).
  • Net income: R$107.7m (up 20% from 1Q 2023).
  • Profit margin: 13% (up from 11% in 1Q 2023).
  • EPS: R$0.40 (up from R$0.34 in 1Q 2023).
BOVESPA:FRAS3 Earnings and Revenue Growth May 9th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Fras-le Earnings Insights

Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Global Auto Components industry.

Performance of the market in Brazil.

The company's shares are up 1.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Fras-le you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.