Viña Concha y Toro Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Simply Wall St

Published November 08, 2024

Viña Concha y Toro (SNSE:CONCHATORO) Third Quarter 2024 Results

Key Financial Results

Revenue: CL$232.2b (up 9.0% from 3Q 2023).
Net income: CL$17.9b (up 6.8% from 3Q 2023).
Profit margin: 7.7% (down from 7.9% in 3Q 2023). The decrease in margin was driven by higher expenses.
EPS: CL$24.16 (up from CL$22.63 in 3Q 2023).

SNSE:CONCHATORO Earnings and Revenue Growth November 8th 2024

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

Viña Concha y Toro Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 31%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 7.1% growth forecast for the Beverage industry in South America.

Performance of the market in Chile.

The company's shares are down 1.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Viña Concha y Toro you should know about.

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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.