Três Tentos Agroindustrial S/A Third Quarter 2024 Earnings: EPS: R$0.64 (vs R$0.44 in 3Q 2023)

Três Tentos Agroindustrial S/A (BVMF:TTEN3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$3.50b (up 45% from 3Q 2023).
• Net income: R$318.4m (up 45% from 3Q 2023).
• Profit margin: 9.1% (in line with 3Q 2023).
• EPS: R$0.64 (up from R$0.44 in 3Q 2023).

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

Três Tentos Agroindustrial S/A Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Food industry in Brazil.

Performance of the Brazilian Food industry.

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

Risk Analysis

We should say that we've discovered 1 warning sign for Três Tentos Agroindustrial S/A that you should be aware of before investing here.

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