Tecnisa Third Quarter 2024 Earnings: R$0.58 loss per share (vs R$0.11 loss in 3Q 2023)

Tecnisa (BVMF:TCSA3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$86.9m (up 1.2% from 3Q 2023).
• Net loss: R$42.9m (loss widened by 438% from 3Q 2023).
• R$0.58 loss per share (further deteriorated from R$0.11 loss in 3Q 2023).

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

Tecnisa Earnings Insights

Looking ahead, revenue is expected to decline by 12% p.a. on average during the next 2 years, while revenues in the Consumer Durables industry in Brazil are expected to grow by 12%.

Performance of the Brazilian Consumer Durables industry.

The company's shares are down 6.3% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Tecnisa.

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