Alfa. de Third Quarter 2024 Earnings: Mex$0.17 loss per share (vs Mex$0.17 loss in 3Q 2023)

Alfa. de (BMV:ALFAA) Third Quarter 2024 Results

Key Financial Results

• Revenue: Mex$42.6b (down 41% from 3Q 2023).
• Net loss: Mex$827.0m (loss widened by 3.0% from 3Q 2023).
• Mex$0.17 loss per share (further deteriorated from Mex$0.17 loss in 3Q 2023).

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

Alfa. de Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Global Industrials industry.

Performance of the market in Mexico.

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

Valuation

Our analysis of these results suggests Alfa. de may be undervalued based on 6 important criteria we look at. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.

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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.