- Brazil
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- Electric Utilities
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- BOVESPA:ALUP11
Alupar Investimento Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Alupar Investimento (BVMF:ALUP11) Second Quarter 2024 Results
Key Financial Results
- Revenue: R$953.7m (up 22% from 2Q 2023).
- Net income: R$237.1m (up 6.7% from 2Q 2023).
- Profit margin: 25% (down from 28% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: R$0.75 (up from R$0.70 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Alupar Investimento Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 72%.
Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Electric Utilities industry in Brazil.
Performance of the Brazilian Electric Utilities industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Alupar Investimento (1 can't be ignored!) that you should be aware of.
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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.
About BOVESPA:ALUP11
Alupar Investimento
Through its subsidiaries, engages in the transmission, generation, and development of electricity business in Brazil, Colombia, and Peru.
Average dividend payer very low.