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- BOVESPA:QUAL3
Qualicorp Consultoria e Corretora de Seguros Second Quarter 2024 Earnings: Beats Expectations
Qualicorp Consultoria e Corretora de Seguros (BVMF:QUAL3) Second Quarter 2024 Results
Key Financial Results
- Revenue: R$398.8m (down 8.3% from 2Q 2023).
- Net income: R$13.3m (down 3.2% from 2Q 2023).
- Profit margin: 3.3% (up from 3.2% in 2Q 2023). The increase in margin was driven by lower expenses.
- EPS: R$0.048 (down from R$0.049 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Qualicorp Consultoria e Corretora de Seguros Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 9.6%.
Looking ahead, revenue is expected to decline by 4.4% p.a. on average during the next 3 years, while revenues in the Healthcare industry in Brazil are expected to grow by 9.5%.
Performance of the Brazilian Healthcare industry.
The company's shares are up 25% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Qualicorp Consultoria e Corretora de Seguros (at least 2 which make us uncomfortable), and understanding these should be part of your investment process.
Valuation is complex, but we're here to simplify it.
Discover if Qualicorp Consultoria e Corretora de Seguros might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About BOVESPA:QUAL3
Qualicorp Consultoria e Corretora de Seguros
Qualicorp Consultoria e Corretora de Seguros S.A.
Undervalued with moderate growth potential.