JHSF Participações Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

JHSF Participações (BVMF:JHSF3) Full Year 2023 Results

Key Financial Results

• Revenue: R$1.59b (down 16% from FY 2022).
• Net income: R$452.5m (down 27% from FY 2022).
• Profit margin: 28% (down from 33% in FY 2022).
• EPS: R$0.67 (down from R$0.90 in FY 2022).

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

JHSF Participações EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 41%.

Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Real Estate industry in Brazil.

Performance of the Brazilian Real Estate industry.

The company's shares are up 4.9% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for JHSF Participações (of which 1 can't be ignored!) you should know about.

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