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

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).

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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