Forus Third Quarter 2024 Earnings: EPS: CL$8.14 (vs CL$18.59 in 3Q 2023)

Forus (SNSE:FORUS) Third Quarter 2024 Results

Key Financial Results

• Revenue: CL$80.0b (up 9.9% from 3Q 2023).
• Net income: CL$2.20b (down 54% from 3Q 2023).
• Profit margin: 2.8% (down from 6.6% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CL$8.14 (down from CL$18.59 in 3Q 2023).

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

Forus Earnings Insights

Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in South America.

Performance of the market in Chile.

The company's shares are down 1.3% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Forus' balance sheet health.

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