Empresas CMPC Third Quarter 2024 Earnings: Beats Expectations

Empresas CMPC (SNSE:CMPC) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.98b (flat on 3Q 2023).
• Net income: US$147.2m (up 74% from 3Q 2023).
• Profit margin: 7.4% (up from 4.2% in 3Q 2023).
• EPS: US$0.059 (up from US$0.034 in 3Q 2023).

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

Empresas CMPC Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 34%.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Global Forestry industry.

Performance of the market in Chile.

The company's shares are up 2.5% from a week ago.

Risk Analysis

Be aware that Empresas CMPC is showing 3 warning signs in our investment analysis and 1 of those is a bit concerning...

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