Stock Analysis
Grupo Hotelero Santa Fe. de (BMV:HOTEL) First Quarter 2024 Results
Key Financial Results
- Revenue: Mex$778.1m (down 11% from 1Q 2023).
- Net income: Mex$87.4m (down 18% from 1Q 2023).
- Profit margin: 11% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Grupo Hotelero Santa Fe. de Earnings Insights
Looking ahead, revenue is forecast to grow 8.9% 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 shares are down 2.5% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Grupo Hotelero Santa Fe. de you should know about.
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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.
About BMV:HOTEL *
Grupo Hotelero Santa Fe. de
Acquires, develops, and operates beach and urban hotels in Mexico.
