Grupo Lamosa. de Second Quarter 2024 Earnings: Mex$0.26 loss per share (vs Mex$3.16 profit in 2Q 2023)
Grupo Lamosa. de (BMV:LAMOSA) Second Quarter 2024 Results
Key Financial Results
- Revenue: Mex$8.36b (up 6.3% from 2Q 2023).
- Net loss: Mex$102.0m (down by 108% from Mex$1.22b profit in 2Q 2023).
- Mex$0.26 loss per share (down from Mex$3.16 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Grupo Lamosa. de Earnings Insights
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Global Building industry.
Performance of the market in Mexico.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that Grupo Lamosa. de is showing 3 warning signs in our investment analysis and 1 of those is a bit concerning...
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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.
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About BMV:LAMOSA *
Grupo Lamosa. de
Engages in the design, manufacture, and distribution of ceramic and porcelain products for floor and wall coverings, and adhesive for coatings in North America, Central America, South America, and Europe.
Average dividend payer with mediocre balance sheet.
