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

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).

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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