Nemak S. A. B. de C. V Third Quarter 2024 Earnings: EPS: US$0.002 (vs US$0.008 in 3Q 2023)

Nemak S. A. B. de C. V (BMV:NEMAKA) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.22b (down 3.8% from 3Q 2023).
• Net income: US$5.00m (down 80% from 3Q 2023).
• Profit margin: 0.4% (down from 2.0% in 3Q 2023).
• EPS: US$0.002 (down from US$0.008 in 3Q 2023).

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

Nemak S. A. B. de C. V Earnings Insights

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in South America.

Performance of the market in Mexico.

The company's shares are down 1.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Nemak S. A. B. de C. V (of which 1 doesn't sit too well with us!) you should know about.

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