Boa Safra Sementes Second Quarter 2024 Earnings: EPS: R$0.089 (vs R$0.15 in 2Q 2023)

Boa Safra Sementes (BVMF:SOJA3) Second Quarter 2024 Results

Key Financial Results

• Revenue: R$87.6m (down 35% from 2Q 2023).
• Net income: R$18.1m (up 2.7% from 2Q 2023).
• Profit margin: 21% (up from 13% in 2Q 2023). The increase in margin was driven by lower expenses.
• EPS: R$0.089.

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

Boa Safra Sementes Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Food industry in Brazil.

Performance of the Brazilian Food industry.

The company's shares are down 6.6% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Boa Safra Sementes (1 is a bit concerning) you should be aware of.

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