Renova Energia Third Quarter 2024 Earnings: R$0.025 loss per share (vs R$0.87 loss in 3Q 2023)

Renova Energia (BVMF:RNEW11) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$69.3m (up 21% from 3Q 2023).
• Net loss: R$1.35m (loss narrowed by 97% from 3Q 2023).
• R$0.025 loss per share (improved from R$0.87 loss in 3Q 2023).

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

Renova Energia shares are down 1.7% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Renova Energia has 5 warning signs (and 1 which is a bit concerning) we think you should know about.

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