CM Hospitalar S/A Third Quarter 2024 Earnings: Misses Expectations

CM Hospitalar S/A (BVMF:VVEO3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$2.95b (up 3.8% from 3Q 2023).
• Net loss: R$237.7m (down from R$6.32m profit in 3Q 2023).
• R$0.75 loss per share (down from R$0.021 profit in 3Q 2023).

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

CM Hospitalar S/A Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates.

Looking ahead, revenue is forecast to grow 6.8% 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 down 18% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with CM Hospitalar S/A (including 2 which are concerning).

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