Plano & Plano Desenvolvimento Imobiliário Third Quarter 2024 Earnings: Revenues In Line With Expectations

Plano & Plano Desenvolvimento Imobiliário (BVMF:PLPL3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$718.9m (up 29% from 3Q 2023).
• Net income: R$119.4m (up 58% from 3Q 2023).
• Profit margin: 17% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue.

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

Plano & Plano Desenvolvimento Imobiliário Meets Expectations

Revenue was in line with analyst estimates.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in Brazil.

Performance of the Brazilian Consumer Durables industry.

The company's shares are down 1.9% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Plano & Plano Desenvolvimento Imobiliário's balance sheet.

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