Hoteles City Express. de Third Quarter 2023 Earnings: Mex$0.066 loss per share (vs Mex$0.002 loss in 3Q 2022)

Hoteles City Express. de (BMV:HCITY) Third Quarter 2023 Results

Key Financial Results

• Revenue: Mex$886.3m (up 4.8% from 3Q 2022).
• Net loss: Mex$25.5m (loss widened by Mex$24.8m from 3Q 2022).
• Mex$0.066 loss per share (further deteriorated from Mex$0.002 loss in 3Q 2022).

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

Hoteles City Express. de Earnings Insights

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 4 years, compared to a 13% growth forecast for the Hospitality industry in South America.

Performance of the market in Mexico.

The company's shares are down 3.1% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Hoteles City Express. de that you should be aware of.

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