Stock Analysis

Hoteles City Express. de Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

BMV:HCITY *
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Hoteles City Express. de (BMV:HCITY) Third Quarter 2024 Results

Key Financial Results

  • Revenue: Mex$1.04b (up 18% from 3Q 2023).
  • Net loss: Mex$29.1m (loss widened by 14% from 3Q 2023).
  • Mex$0.078 loss per share (further deteriorated from Mex$0.066 loss in 3Q 2023).
earnings-and-revenue-growth
BMV:HCITY * Earnings and Revenue Growth October 18th 2024

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

Hoteles City Express. de Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in South America.

Performance of the market in Mexico.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Hoteles City Express. de that we have uncovered.

Valuation is complex, but we're here to simplify it.

Discover if Hoteles City Express. de might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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