Grupo Elektra. de Second Quarter 2024 Earnings: Mex$2.90 loss per share (vs Mex$22.34 profit in 2Q 2023)

Grupo Elektra. de (BMV:ELEKTRA) Second Quarter 2024 Results

Key Financial Results

• Revenue: Mex$25.3b (up 14% from 2Q 2023).
• Net loss: Mex$643.0m (down by 113% from Mex$4.94b profit in 2Q 2023).
• Mex$2.90 loss per share (down from Mex$22.34 profit in 2Q 2023).

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

Grupo Elektra. de shares are down 10% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Grupo Elektra. de (at least 1 which shouldn't be ignored), and understanding these should be part of your investment process.

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