BB Seguridade Participações Second Quarter 2024 Earnings: EPS: R$1.10 (vs R$0.95 in 2Q 2023)

BB Seguridade Participações (BVMF:BBSE3) Second Quarter 2024 Results

Key Financial Results

• Revenue: R$2.52b (up 14% from 2Q 2023).
• Net income: R$2.14b (up 13% from 2Q 2023).
• Profit margin: 85% (in line with 2Q 2023).
• EPS: R$1.10 (up from R$0.95 in 2Q 2023).

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

BB Seguridade Participações Earnings Insights

Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Insurance industry in Brazil.

Performance of the Brazilian Insurance industry.

The company's shares are down 1.1% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for BB Seguridade Participações (1 is significant) you should be aware of.

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