Stock Analysis

Irani Papel e Embalagem Second Quarter 2024 Earnings: EPS: R$0.17 (vs R$0.95 in 2Q 2023)

BOVESPA:RANI3
Source: Shutterstock

Irani Papel e Embalagem (BVMF:RANI3) Second Quarter 2024 Results

Key Financial Results

  • Revenue: R$393.5m (flat on 2Q 2023).
  • Net income: R$40.1m (down 83% from 2Q 2023).
  • Profit margin: 10% (down from 58% in 2Q 2023).
  • EPS: R$0.17 (down from R$0.95 in 2Q 2023).
earnings-and-revenue-growth
BOVESPA:RANI3 Earnings and Revenue Growth August 2nd 2024

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

Irani Papel e Embalagem Earnings Insights

Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Global Forestry industry.

Performance of the market in Brazil.

The company's shares are down 5.3% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with Irani Papel e Embalagem (including 1 which can't be ignored).

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.