Stock Analysis
- Brazil
- /
- Food and Staples Retail
- /
- BOVESPA:ASAI3
Sendas Distribuidora Full Year 2023 Earnings: EPS Misses Expectations
Sendas Distribuidora (BVMF:ASAI3) Full Year 2023 Results
Key Financial Results
- Revenue: R$66.5b (up 22% from FY 2022).
- Net income: R$710.0m (down 42% from FY 2022).
- Profit margin: 1.1% (down from 2.2% in FY 2022). The decrease in margin was driven by higher expenses.
- EPS: R$0.53 (down from R$0.91 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sendas Distribuidora EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.4%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Retailing industry in Brazil.
Performance of the Brazilian Consumer Retailing industry.
The company's shares are up 8.2% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Sendas Distribuidora (1 is significant!) that you need to be mindful of.
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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.
About BOVESPA:ASAI3
Sendas Distribuidora
Engages in the retail and wholesale sale of food products, bazaar items, and other products primarily in Brazil.
High growth potential and slightly overvalued.