Tegma Gestão Logística Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

Tegma Gestão Logística (BVMF:TGMA3) Full Year 2024 Results

Key Financial Results

• Revenue: R$2.09b (up 32% from FY 2023).
• Net income: R$270.6m (up 49% from FY 2023).
• Profit margin: 13% (up from 12% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: R$4.10 (up from R$2.75 in FY 2023).

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

Tegma Gestão Logística Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Transportation industry in Brazil.

Performance of the Brazilian Transportation industry.

The company's shares are up 3.6% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Tegma Gestão Logística.

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