HBR Realty Empreendimentos Imobiliários Third Quarter 2024 Earnings: R$0.17 loss per share (vs R$0.069 loss in 3Q 2023)

HBR Realty Empreendimentos Imobiliários (BVMF:HBRE3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$42.5m (up 11% from 3Q 2023).
• Net loss: R$17.3m (loss widened by 143% from 3Q 2023).
• R$0.17 loss per share (further deteriorated from R$0.069 loss in 3Q 2023).

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

HBR Realty Empreendimentos Imobiliários Earnings Insights

Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Real Estate industry in Brazil.

Performance of the Brazilian Real Estate industry.

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

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for HBR Realty Empreendimentos Imobiliários (2 are potentially serious!) that you need to be mindful of.

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