Fleury Third Quarter 2024 Earnings: Revenues Miss Expectations

Fleury (BVMF:FLRY3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$1.96b (up 5.0% from 3Q 2023).
• Net income: R$190.7m (up 9.5% from 3Q 2023).
• Profit margin: 9.7% (in line with 3Q 2023).

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

Fleury Revenues Disappoint

Revenue missed analyst estimates by 1.1%.

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Healthcare industry in Brazil.

Performance of the Brazilian Healthcare industry.

The company's shares are down 4.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Fleury you should know about.

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