Rede D'Or São Luiz Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Rede D'Or São Luiz (BVMF:RDOR3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$13.0b (up 8.4% from 3Q 2023).
• Net income: R$1.15b (up 52% from 3Q 2023).
• Profit margin: 8.8% (up from 6.3% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: R$0.50 (up from R$0.33 in 3Q 2023).

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

Rede D'Or São Luiz EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 29%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Healthcare industry in Brazil.

Performance of the Brazilian Healthcare industry.

The company's shares are up 2.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Rede D'Or São Luiz's balance sheet health.

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