Tegma Gestão Logística Third Quarter 2024 Earnings: EPS: R$1.28 (vs R$0.85 in 3Q 2023)

Tegma Gestão Logística (BVMF:TGMA3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$603.8m (up 41% from 3Q 2023).
• Net income: R$84.2m (up 50% from 3Q 2023).
• Profit margin: 14% (in line with 3Q 2023).
• EPS: R$1.28 (up from R$0.85 in 3Q 2023).

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

Tegma Gestão Logística Earnings Insights

Looking ahead, revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Transportation industry in Brazil.

Performance of the Brazilian Transportation industry.

The company's shares are up 8.3% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Tegma Gestão Logística (1 is a bit concerning!) that you need to take into consideration.

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