Grupo Hotelero Santa Fe. de Second Quarter 2024 Earnings: Mex$0.044 loss per share (vs Mex$0.54 profit in 2Q 2023)

Grupo Hotelero Santa Fe. de (BMV:HOTEL) Second Quarter 2024 Results

Key Financial Results

• Revenue: Mex$660.1m (down 8.6% from 2Q 2023).
• Net loss: Mex$31.3m (down by 108% from Mex$386.2m profit in 2Q 2023).
• Mex$0.044 loss per share (down from Mex$0.54 profit in 2Q 2023).

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 9.3% 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 2.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Grupo Hotelero Santa Fe. de that we have uncovered.

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