Stock Analysis
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.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About BMV:ELEKTRA *
Grupo Elektra. de
Operates as a financial services and specialty retail company in Latin America.