In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Marisa Lojas has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

BOVESPA:AMAR3 - Analysts future estimates and past financials data (BRL Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	1,348	-424	-117	-112	N/A
6/30/2024	1,225	-518	-78	-79	N/A
3/31/2024	1,421	-471	266	278	N/A
12/31/2023	1,657	-503	379	385	N/A
9/30/2023	1,718	-651	551	576	N/A
6/30/2023	2,114	-593	578	624	N/A
3/31/2023	2,331	-575	620	675	N/A
12/31/2022	2,423	-519	421	496	N/A
9/30/2022	2,781	-252	136	230	N/A
6/30/2022	2,814	-106	108	202	N/A
3/31/2022	2,688	-130	-100	-5	N/A
12/31/2021	2,518	-93	-77	4	N/A
9/30/2021	2,434	-97	96	155	N/A
6/30/2021	2,311	-266	126	185	N/A
3/31/2021	1,981	-378	90	138	N/A
12/31/2020	2,139	-432	60	107	N/A
9/30/2020	2,269	-371	-2	48	N/A
6/30/2020	2,434	-322	-88	-41	N/A
3/31/2020	2,848	-179	-10	45	N/A
12/31/2019	2,882	-112	96	156	N/A
9/30/2019	2,792	14	79	121	N/A
6/30/2019	2,781	37	78	129	N/A
3/31/2019	2,780	29	-45	7	N/A
12/31/2018	2,764	28	36	83	N/A
9/30/2018	2,800	-131	-79	-11	N/A
6/30/2018	2,827	-129	N/A	18	N/A
3/31/2018	2,849	-116	N/A	-15	N/A
12/31/2017	2,876	-60	N/A	-10	N/A
9/30/2017	2,874	-66	N/A	161	N/A
6/30/2017	2,790	-62	N/A	183	N/A
3/31/2017	2,860	-56	N/A	433	N/A
12/31/2016	2,853	-88	N/A	330	N/A
9/30/2016	2,968	-65	N/A	384	N/A
6/30/2016	3,086	-46	N/A	471	N/A
3/31/2016	3,093	-48	N/A	472	N/A
12/31/2015	3,165	-36	N/A	434	N/A
9/30/2015	3,274	-9	N/A	442	N/A
6/30/2015	3,304	0	N/A	458	N/A
3/31/2015	3,327	32	N/A	377	N/A
12/31/2014	3,345	51	N/A	265	N/A
9/30/2014	3,288	33	N/A	182	N/A
6/30/2014	3,234	64	N/A	164	N/A
3/31/2014	3,166	91	N/A	251	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if AMAR3's forecast earnings growth is above the savings rate (10.4%).

Earnings vs Market: Insufficient data to determine if AMAR3's earnings are forecast to grow faster than the BR market

High Growth Earnings: Insufficient data to determine if AMAR3's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if AMAR3's revenue is forecast to grow faster than the BR market.

High Growth Revenue: Insufficient data to determine if AMAR3's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if AMAR3's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/05 02:47
End of Day Share Price	2025/01/03 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Marisa Lojas S.A. is covered by 16 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Matthew McClintock	Barclays
Maria Paula Cantusio	BB Banco de Investimento S.A.
Robert Ford Aguilar	BofA Global Research

Marisa Lojas Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased by 20% to R$1.50

Consensus revenue estimates fall by 12%

Forecast breakeven date moved forward to 2023

Consensus forecasts updated

Price target decreased to R$2.95

Consensus forecasts updated

Recent updates

New minor risk - Share price stability

New major risk - Shareholder dilution

Third quarter 2024 earnings released

New major risk - Financial position

Marisa Lojas S.A. to Report Q2, 2024 Results on Sep 13, 2024

First quarter 2024 earnings released

Is Marisa Lojas (BVMF:AMAR3) Using Too Much Debt?

Full year 2023 earnings released

Marisa Lojas S.A. to Report Q1, 2024 Results on May 14, 2024

Third quarter 2023 earnings released

Is Marisa Lojas (BVMF:AMAR3) A Risky Investment?

Price target increased by 20% to R$1.50

Second quarter 2023 earnings released: R$0.18 loss per share (vs R$0.087 loss in 2Q 2022)

Marisa Lojas S.A. to Report Q2, 2023 Results on Aug 09, 2023

Marisa Lojas S.A.'s (BVMF:AMAR3) Share Price Not Quite Adding Up

Consensus revenue estimates fall by 12%

New major risk - Revenue and earnings growth

Is Marisa Lojas S.A. (BVMF:AMAR3) Potentially Undervalued?

First quarter 2023 earnings released

Marisa Lojas S.A. to Report Q1, 2023 Results on May 15, 2023

Marisa Lojas (BVMF:AMAR3) Has A Somewhat Strained Balance Sheet

Now 23% undervalued after recent price drop

Marisa Lojas' (BVMF:AMAR3) Returns On Capital Not Reflecting Well On The Business

Forecast breakeven date moved forward to 2023

Marisa Lojas S.A., Annual General Meeting, Apr 27, 2023

Consensus forecasts updated

Price target decreased to R$2.95

At R$1.27, Is It Time To Put Marisa Lojas S.A. (BVMF:AMAR3) On Your Watch List?

Insufficient new directors

Third quarter 2022 earnings released

Marisa Lojas (BVMF:AMAR3) Seems To Be Using A Lot Of Debt

Marisa Lojas S.A. to Report Q3, 2022 Results on Nov 10, 2022

Marisa Lojas (BVMF:AMAR3) Has Some Way To Go To Become A Multi-Bagger

Consensus forecasts updated

Second quarter 2022 earnings released

Here's Why Marisa Lojas (BVMF:AMAR3) Is Weighed Down By Its Debt Load

Marisa Lojas S.A. to Report Q2, 2022 Results on Aug 11, 2022

Forecast to breakeven in 2024

Marisa Lojas' (BVMF:AMAR3) Returns On Capital Not Reflecting Well On The Business

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

Price target decreased to R$4.48

Forecast to breakeven in 2023

Forecast to breakeven in 2023

Insufficient new directors

Here's Why Marisa Lojas (BVMF:AMAR3) Is Weighed Down By Its Debt Load

Marisa Lojas (BVMF:AMAR3) Will Be Looking To Turn Around Its Returns

Marisa Lojas S.A. to Report Q4, 2021 Results on Mar 16, 2022

Price target decreased to R$6.34

Consensus estimates of losses per share improve by 19%

We Think Marisa Lojas (BVMF:AMAR3) Is Taking Some Risk With Its Debt

Be Wary Of Marisa Lojas (BVMF:AMAR3) And Its Returns On Capital

Third quarter 2021 earnings released: EPS R$0.17 (vs R$0.48 loss in 3Q 2020)

Second quarter 2021 earnings released: R$0.23 loss per share (vs R$0.66 loss in 2Q 2020)

Marisa Lojas (BVMF:AMAR3) Is Carrying A Fair Bit Of Debt

Lojas Americanas Eyes Peer Marisa

Price target increased to R$9.63

First quarter 2021 earnings released: R$0.20 loss per share (vs R$0.41 loss in 1Q 2020)

Full year 2020 earnings released: R$1.65 loss per share (vs R$0.43 loss in FY 2019)

Here's Why Marisa Lojas (BVMF:AMAR3) Can Afford Some Debt

Marisa Lojas S.A. to Report Q4, 2020 Results on Mar 11, 2021

New 90-day low: R$5.84

Marisa Lojas'(BVMF:AMAR3) Share Price Is Down 53% Over The Past Year.

New 90-day low: R$6.07

What Kind Of Investors Own Most Of Marisa Lojas S.A. (BVMF:AMAR3)?

Analysts update estimates

Price target lowered to R$9.75

We Think Marisa Lojas (BVMF:AMAR3) Has A Fair Chunk Of Debt

Third quarter 2020 earnings released: R$0.48 loss per share