Qualicorp Consultoria e Corretora de Seguros Second Quarter 2024 Earnings: EPS: R$0.048 (vs R$0.049 in 2Q 2023)

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 Earnings Insights

Looking ahead, revenue is expected to decline by 4.2% p.a. on average during the next 3 years, while revenues in the Healthcare industry in Brazil are expected to grow by 8.4%.

Performance of the Brazilian Healthcare industry.

The company's shares are up 7.2% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Qualicorp Consultoria e Corretora de Seguros (2 are potentially serious!) that we have uncovered.

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