Hypera Third Quarter 2024 Earnings: Misses Expectations

Hypera (BVMF:HYPE3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$1.92b (down 10% from 3Q 2023).
• Net income: R$376.0m (down 25% from 3Q 2023).
• Profit margin: 20% (down from 23% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: R$0.59 (down from R$0.79 in 3Q 2023).

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

Hypera Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 18%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Global Pharmaceuticals industry.

Performance of the market in Brazil.

The company's shares are down 1.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Hypera you should know about.

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