Veste Estilo Full Year 2024 Earnings: EPS Beats Expectations

Veste Estilo (BVMF:VSTE3) Full Year 2024 Results

Key Financial Results

• Revenue: R$1.11b (flat on FY 2023).
• Net income: R$665.0k (down 97% from FY 2023).
• Profit margin: 0.1% (down from 2.1% in FY 2023).
• EPS: R$0.006 (down from R$0.20 in FY 2023).

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

Veste Estilo EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates.

Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Luxury industry in Brazil.

Performance of the Brazilian Luxury industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Veste Estilo (1 shouldn't be ignored!) that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.