Intelbras - Indústria de Telecomunicação Eletrônica Brasileira Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Intelbras - Indústria de Telecomunicação Eletrônica Brasileira (BVMF:INTB3) Second Quarter 2024 Results

Key Financial Results

• Revenue: R$1.19b (up 22% from 2Q 2023).
• Net income: R$118.0m (flat on 2Q 2023).
• Profit margin: 10.0% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: R$0.36.

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

Intelbras - Indústria de Telecomunicação Eletrônica Brasileira Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) missed analyst estimates by 20%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Global Communications industry.

Performance of the market in Brazil.

The company's shares are down 3.7% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Intelbras - Indústria de Telecomunicação Eletrônica Brasileira has 1 warning sign we think you should be aware of.

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