São Carlos Empreendimentos e Participações Full Year 2023 Earnings: Revenues Miss Expectations

São Carlos Empreendimentos e Participações (BVMF:SCAR3) Full Year 2023 Results

Key Financial Results

• Revenue: R$1.40b (up 388% from FY 2022).
• Net income: R$305.2m (up from R$80.2m loss in FY 2022).
• Profit margin: 22% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.

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

São Carlos Empreendimentos e Participações Revenues Disappoint

Revenue missed analyst estimates by 24%.

The company's shares are up 1.9% from a week ago.

Risk Analysis

You still need to take note of risks, for example - São Carlos Empreendimentos e Participações has 2 warning signs we think you should be aware of.

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