Hidrovias do Brasil Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags

Hidrovias do Brasil (BVMF:HBSA3) Full Year 2022 Results

Key Financial Results

• Revenue: R$1.77b (up 59% from FY 2021).
• Net loss: R$8.16m (loss narrowed by 98% from FY 2021).
• R$0.011 loss per share (improved from R$0.45 loss in FY 2021).

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

Hidrovias do Brasil Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Global Shipping industry.

Performance of the market in Brazil.

The company's shares are up 4.1% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Hidrovias do Brasil's balance sheet and an in-depth analysis of the company's financial position.

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