BOVESPA:GRND3 - Analysts future estimates and past financials data (BRL Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,903	N/A	N/A	N/A	1
12/31/2025	2,709	N/A	N/A	N/A	1
12/31/2024	2,542	N/A	N/A	N/A	1
9/30/2024	2,530	648	694	819	N/A
6/30/2024	2,470	559	724	854	N/A
3/31/2024	2,453	574	674	795	N/A
12/31/2023	2,434	558	614	737	N/A
9/30/2023	2,437	517	639	785	N/A
6/30/2023	2,461	557	522	681	N/A
3/31/2023	2,515	566	434	606	N/A
12/31/2022	2,513	568	363	536	N/A
9/30/2022	2,539	596	241	402	N/A
6/30/2022	2,496	630	267	409	N/A
3/31/2022	2,337	597	463	585	N/A
12/31/2021	2,343	601	451	556	N/A
9/30/2021	2,390	679	158	254	N/A
6/30/2021	2,349	582	191	276	N/A
3/31/2021	2,048	505	112	191	N/A
12/31/2020	1,897	405	43	109	N/A
9/30/2020	1,725	631	314	365	N/A
6/30/2020	1,677	687	399	447	N/A
3/31/2020	2,020	772	246	295	N/A
12/31/2019	2,071	819	374	427	N/A
9/30/2019	2,148	536	390	448	N/A
6/30/2019	2,165	482	360	423	N/A
3/31/2019	2,211	506	467	534	N/A
12/31/2018	2,333	586	412	484	N/A
9/30/2018	2,296	585	440	525	N/A
6/30/2018	2,294	619	N/A	512	N/A
3/31/2018	2,288	645	N/A	531	N/A
12/31/2017	2,252	661	N/A	526	N/A
6/30/2017	2,113	662	N/A	517	N/A
3/31/2017	2,079	663	N/A	490	N/A
12/31/2016	2,045	634	N/A	566	N/A
9/30/2016	2,094	582	N/A	612	N/A
6/30/2016	2,173	564	N/A	463	N/A
3/31/2016	2,146	558	N/A	480	N/A
12/31/2015	2,203	551	N/A	443	N/A
9/30/2015	2,269	552	N/A	378	N/A
6/30/2015	2,255	545	N/A	522	N/A
3/31/2015	2,272	531	N/A	439	N/A
12/31/2014	2,233	490	N/A	485	N/A
9/30/2014	2,194	438	N/A	473	N/A
6/30/2014	2,191	434	N/A	332	N/A
3/31/2014	2,195	428	N/A	379	N/A
12/31/2013	2,187	434	N/A	303	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GRND3's forecast earnings growth is above the savings rate (10.4%).

Earnings vs Market: Insufficient data to determine if GRND3's earnings are forecast to grow faster than the BR market

High Growth Earnings: Insufficient data to determine if GRND3's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GRND3's revenue (6.3% per year) is forecast to grow slower than the BR market (7.8% per year).

High Growth Revenue: GRND3's revenue (6.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if GRND3's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 16:36
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Grendene S.A. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Maria Paula Cantusio	BB Banco de Investimento S.A.
Felipe Cassimiro de Freitas	Bradesco S.A. Corretora de Títulos e Valores Mobiliários
Richard Cathcart	Bradesco S.A. Corretora de Títulos e Valores Mobiliários

Grendene Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased to R$9.50

Price target decreased to R$9.50

Recent updates

Impressive Earnings May Not Tell The Whole Story For Grendene (BVMF:GRND3)

Third quarter dividend of R$0.15 announced

Grendene S.A. to Report Q1, 2025 Results on May 08, 2025

Third quarter 2024 earnings released

Grendene (BVMF:GRND3) Will Pay A Dividend Of R$0.0147

Second quarter dividend of R$0.015 announced

Second quarter 2024 earnings released: EPS: R$0.047 (vs R$0.064 in 2Q 2023)

New major risk - Revenue and earnings growth

Dividend of R$0.084 announced

First quarter 2024 earnings released

Upcoming dividend of R$0.16 per share

Grendene (BVMF:GRND3) Is Finding It Tricky To Allocate Its Capital

Fourth quarter dividend of R$0.16 announced

Full year 2023 earnings: EPS exceeds analyst expectations

Grendene S.A. to Report First Half, 2024 Results on Aug 08, 2024

Grendene S.A. to Report Q3, 2023 Results on May 09, 2024

New minor risk - Earnings quality

Returns On Capital Signal Difficult Times Ahead For Grendene (BVMF:GRND3)

Here's Why Grendene (BVMF:GRND3) Can Manage Its Debt Responsibly

Second quarter 2023 earnings released: EPS: R$0.064 (vs R$0.073 in 2Q 2022)

The Returns On Capital At Grendene (BVMF:GRND3) Don't Inspire Confidence

First quarter 2023 earnings released

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of R$1.36 per share at 18% yield

Grendene (BVMF:GRND3) Seems To Use Debt Quite Sensibly

Full year 2022 earnings released: EPS: R$0.63 (vs R$0.67 in FY 2021)

Grendene (BVMF:GRND3) Is Reinvesting At Lower Rates Of Return

These 4 Measures Indicate That Grendene (BVMF:GRND3) Is Using Debt Reasonably Well

Price target decreased to R$9.50

Less than half of directors are independent

Grendene S.A. to Report Q3, 2023 Results on Nov 09, 2023

Third quarter 2022 earnings released

Grendene (BVMF:GRND3) May Have Issues Allocating Its Capital

Is Grendene (BVMF:GRND3) A Risky Investment?

Grendene (BVMF:GRND3) Is Paying Out A Dividend Of R$0.0284

Second quarter 2022 earnings released

Price target decreased to R$9.50

Here's What's Concerning About Grendene's (BVMF:GRND3) Returns On Capital

Grendene (BVMF:GRND3) Has Affirmed Its Dividend Of R$0.079

Grendene (BVMF:GRND3) Has Announced A Dividend Of R$0.093

Upcoming dividend of R$0.093 per share

First quarter 2022 earnings released: EPS: R$0.14 (vs R$0.14 in 1Q 2021)

Upcoming dividend of R$0.081 per share

Less than half of directors are independent

Grendene (BVMF:GRND3) Could Easily Take On More Debt

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues in line with analyst expectations

I Built A List Of Growing Companies And Grendene (BVMF:GRND3) Made The Cut

The Returns On Capital At Grendene (BVMF:GRND3) Don't Inspire Confidence

Grendene (BVMF:GRND3) Has A Pretty Healthy Balance Sheet

Third quarter 2021 earnings released

Capital Allocation Trends At Grendene (BVMF:GRND3) Aren't Ideal

Here's Why Grendene (BVMF:GRND3) Can Manage Its Debt Responsibly

Second quarter 2021 earnings released

Capital Allocation Trends At Grendene (BVMF:GRND3) Aren't Ideal

Grendene (BVMF:GRND3) Seems To Use Debt Quite Sensibly

Investor sentiment improved over the past week

Upcoming dividend of R$0.49 per share

Grendene (BVMF:GRND3) Will Be Hoping To Turn Its Returns On Capital Around

Grendene's (BVMF:GRND3) Problems Go Beyond Weak Profit

Is Grendene (BVMF:GRND3) A Risky Investment?

Full year 2020 earnings released

New 90-day low: R$7.26

Should Grendene S.A. (BVMF:GRND3) Be Part Of Your Dividend Portfolio?

New 90-day low: R$7.54

Grendene S.A.'s (BVMF:GRND3) Dismal Stock Performance Reflects Weak Fundamentals

New 90-day low: R$7.87

What Type Of Shareholders Make Up Grendene S.A.'s (BVMF:GRND3) Share Registry?

Did You Participate In Any Of Grendene's (BVMF:GRND3) Respectable 93% Return?

The Trends At Grendene (BVMF:GRND3) That You Should Know About

These 4 Measures Indicate That Grendene (BVMF:GRND3) Is Using Debt Reasonably Well

Third quarter 2020 earnings released: EPS R$0.12

New 90-day high: R$8.62