- Mexico
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- Industrials
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- BMV:GCARSO A1
Grupo Carso. de Third Quarter 2024 Earnings: EPS: Mex$1.34 (vs Mex$1.25 in 3Q 2023)
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).
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.
About BMV:GCARSO A1
Grupo Carso. de
Engages in the commercial, industrial, infrastructure and construction, and energy sectors.
Adequate balance sheet and slightly overvalued.