Cosan Third Quarter 2024 Earnings: EPS: R$0.14 (vs R$0.36 in 3Q 2023)

Cosan (BVMF:CSAN3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$11.6b (up 14% from 3Q 2023).
• Net income: R$261.0m (down 62% from 3Q 2023).
• Profit margin: 2.2% (down from 6.6% in 3Q 2023).
• EPS: R$0.14 (down from R$0.36 in 3Q 2023).

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

Cosan Earnings Insights

Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Oil and Gas industry in Brazil.

Performance of the Brazilian Oil and Gas industry.

The company's shares are down 6.2% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Cosan (1 is significant) you should be aware of.

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