La Comer. de Third Quarter 2024 Earnings: EPS: Mex$0.54 (vs Mex$0.49 in 3Q 2023)

La Comer. de (BMV:LACOMERUBC) Third Quarter 2024 Results

Key Financial Results

• Revenue: Mex$10.6b (up 11% from 3Q 2023).
• Net income: Mex$584.3m (up 9.3% from 3Q 2023).
• Profit margin: 5.5% (down from 5.6% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: Mex$0.54 (up from Mex$0.49 in 3Q 2023).

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

La Comer. de Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Consumer Retailing industry in Mexico.

Performance of the Mexican Consumer Retailing industry.

The company's shares are down 1.2% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on La Comer. de's balance sheet health.

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