LOG Commercial Properties e Participações Full Year 2024 Earnings: Revenues Miss Expectations

LOG Commercial Properties e Participações (BVMF:LOGG3) Full Year 2024 Results

Key Financial Results

• Revenue: R$219.7m (down 3.3% from FY 2023).
• Net income: R$343.4m (up 79% from FY 2023).

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

LOG Commercial Properties e Participações Revenues Disappoint

Revenue missed analyst estimates by 1.8%.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Real Estate industry in Brazil.

Performance of the Brazilian Real Estate industry.

The company's shares are up 9.4% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for LOG Commercial Properties e Participações (2 are a bit concerning!) that you should be aware of before investing here.

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