Gentera. de Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Gentera. de (BMV:GENTERA) Second Quarter 2024 Results

Key Financial Results

• Revenue: Mex$6.63b (up 14% from 2Q 2023).
• Net income: Mex$1.19b (up 11% from 2Q 2023).
• Profit margin: 18% (in line with 2Q 2023).
• EPS: Mex$0.75 (up from Mex$0.68 in 2Q 2023).

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

Gentera. de Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Global Consumer Finance industry.

Performance of the market in Mexico.

The company's shares are down 2.6% from a week ago.

Valuation

Following the latest earnings results, Gentera. de may be undervalued based on 6 different valuation benchmarks we assess. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.

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