Boa Safra Sementes Third Quarter 2024 Earnings: EPS: R$0.27 (vs R$0.86 in 3Q 2023)

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

Key Financial Results

• Revenue: R$727.4m (down 26% from 3Q 2023).
• Net income: R$35.0m (down 65% from 3Q 2023).
• Profit margin: 4.8% (down from 10% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: R$0.27 (down from R$0.86 in 3Q 2023).

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 31% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Food industry in Brazil.

Performance of the Brazilian Food industry.

The company's shares are down 7.3% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Boa Safra Sementes (1 shouldn't be ignored!) that you should be aware of.

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