Grupo Carso. de Third Quarter 2024 Earnings: EPS: Mex$1.34 (vs Mex$1.25 in 3Q 2023)

Simply Wall St

October 30, 2024

Grupo Carso. de (BMV:GCARSOA1) Third Quarter 2024 Results

Key Financial Results

Revenue: Mex$49.5b (up 8.3% from 3Q 2023).
Net income: Mex$3.01b (up 6.9% from 3Q 2023).
Profit margin: 6.1% (down from 6.2% in 3Q 2023). The decrease in margin was driven by higher expenses.
EPS: Mex$1.34 (up from Mex$1.25 in 3Q 2023).

earnings-and-revenue-growth — BMV:GCARSO A1 Earnings and Revenue Growth October 30th 2024

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

Grupo Carso. de Earnings Insights

Looking ahead, revenue is forecast to grow 5.8% 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 share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Grupo Carso. de's balance sheet health.

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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.