Iochpe-Maxion Third Quarter 2022 Earnings: EPS: R$0.46 (vs R$1.16 in 3Q 2021)

Iochpe-Maxion (BVMF:MYPK3) Third Quarter 2022 Results

Key Financial Results

• Revenue: R$4.32b (up 21% from 3Q 2021).
• Net income: R$69.4m (down 61% from 3Q 2021).
• Profit margin: 1.6% (down from 4.9% in 3Q 2021).
• EPS: R$0.46 (down from R$1.16 in 3Q 2021).

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

Iochpe-Maxion Earnings Insights

Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Global Machinery industry.

Performance of the market in Brazil.

The company's shares are down 4.0% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Iochpe-Maxion you should be aware of, and 1 of them makes us a bit uncomfortable.

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