Raia Drogasil Third Quarter 2024 Earnings: Revenues Miss Expectations

Raia Drogasil (BVMF:RADL3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$9.99b (up 15% from 3Q 2023).
• Net income: R$362.1m (up 37% from 3Q 2023).
• Profit margin: 3.6% (up from 3.0% 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

Raia Drogasil Revenues Disappoint

Revenue missed analyst estimates by 1.2%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Retailing industry in Brazil.

Performance of the Brazilian Consumer Retailing industry.

The company's shares are up 3.7% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Raia Drogasil that you should be aware of before investing here.

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