Stock Analysis
- Brazil
- /
- Food and Staples Retail
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- BOVESPA:PGMN3
Empreendimentos Pague Menos Full Year 2023 Earnings: Beats Expectations
Empreendimentos Pague Menos (BVMF:PGMN3) Full Year 2023 Results
Key Financial Results
- Revenue: R$11.2b (up 22% from FY 2022).
- Net loss: R$13.9m (loss widened by R$13.3m from FY 2022).
- R$0.026 loss per share (further deteriorated from R$0.001 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Empreendimentos Pague Menos Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates by 108%.
Looking ahead, revenue is forecast to grow 7.0% 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 down 6.5% from a week ago.
Valuation
It's possible that Empreendimentos Pague Menos could be undervalued with our 6-factor valuation analysis indicating a potential opportunity. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.
Valuation is complex, but we're here to simplify it.
Discover if Empreendimentos Pague Menos might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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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:PGMN3
Empreendimentos Pague Menos
Operates a chain of pharmacies in Brazil.