Hospital Mater Dei Third Quarter 2024 Earnings: Revenues Beat Expectations

Hospital Mater Dei (BVMF:MATD3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$570.8m (flat on 3Q 2023).
• Net income: R$75.4m (up 164% from 3Q 2023).
• Profit margin: 13% (up from 5.0% in 3Q 2023).

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

Hospital Mater Dei Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.2%.

Looking ahead, revenue is forecast to grow 5.6% 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 up 8.8% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Hospital Mater Dei that you should be aware of before investing here.

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