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

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).

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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