Hidrovias do Brasil Full Year 2024 Earnings: Revenues Miss Expectations

Hidrovias do Brasil (BVMF:HBSA3) Full Year 2024 Results

Key Financial Results

• Revenue: R$1.35b (down 30% from FY 2023).
• Net loss: R$621.7m (down from R$17.6m profit in FY 2023).

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

Hidrovias do Brasil Revenues Disappoint

Revenue missed analyst estimates by 18%.

Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 1.1% decline forecast for the Global Shipping industry.

Performance of the market in Brazil.

The company's shares are down 24% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Hidrovias do Brasil that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.