Stock Analysis

Grupo KUO. de Third Quarter 2024 Earnings: Mex$0.74 loss per share (vs Mex$0.34 loss in 3Q 2023)

BMV:KUO B
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Grupo KUO. de (BMV:KUOB) Third Quarter 2024 Results

Key Financial Results

  • Revenue: Mex$9.24b (down 2.4% from 3Q 2023).
  • Net loss: Mex$322.0m (loss widened by 107% from 3Q 2023).
  • Mex$0.74 loss per share (further deteriorated from Mex$0.34 loss in 3Q 2023).
earnings-and-revenue-history
BMV:KUO B Earnings and Revenue History October 17th 2024

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

Grupo KUO. de Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.3% 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.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 5 warning signs for Grupo KUO. de (2 make us uncomfortable!) that you need to be mindful of.

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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.