B3 - Brasil Bolsa Balcão Third Quarter 2024 Earnings: EPS Misses Expectations

Simply Wall St

November 15, 2024

B3 - Brasil Bolsa Balcão (BVMF:B3SA3) Third Quarter 2024 Results

Key Financial Results

Revenue: R$2.44b (up 8.3% from 3Q 2023).
Net income: R$1.20b (up 12% from 3Q 2023).
Profit margin: 49% (up from 48% in 3Q 2023). The increase in margin was driven by higher revenue.
EPS: R$0.22 (up from R$0.19 in 3Q 2023).

earnings-and-revenue-growth — BOVESPA:B3SA3 Earnings and Revenue Growth November 15th 2024

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

B3 - Brasil Bolsa Balcão EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.4%.

Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Global Capital Markets industry.

Performance of the market in Brazil.

The company's shares are down 4.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for B3 - Brasil Bolsa Balcão that you need to take into consideration.

Valuation is complex, but we're here to simplify it.

Discover if B3 - Brasil Bolsa Balcão 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.