Ser Educacional Third Quarter 2024 Earnings: Beats Expectations

Ser Educacional (BVMF:SEER3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$474.6m (up 14% from 3Q 2023).
• Net loss: R$2.31m (loss narrowed by 94% from 3Q 2023).
• R$0.018 loss per share (improved from R$0.29 loss in 3Q 2023).

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

Ser Educacional Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 89%.

Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Consumer Services industry in Brazil.

Performance of the Brazilian Consumer Services industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Ser Educacional (1 is significant!) that we have uncovered.

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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.