Natura &Co Holding Third Quarter 2024 Earnings: Misses Expectations

Natura &Co Holding (BVMF:NTCO3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$5.98b (down 21% from 3Q 2023).
• Net income: R$302.0m (up from R$151.2m loss in 3Q 2023).
• Profit margin: 5.1% (up from net loss in 3Q 2023).
• R$4.84 loss per share.

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

Natura &Co Holding Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Global Personal Products industry.

Performance of the market in Brazil.

The company's shares are up 6.7% from a week ago.

Valuation

If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates Natura &Co Holding could be a good place to look. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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