Stock Analysis

Gentera. de Third Quarter 2024 Earnings: Beats Expectations

BMV:GENTERA *
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Gentera. de (BMV:GENTERA) Third Quarter 2024 Results

Key Financial Results

  • Revenue: Mex$7.34b (up 17% from 3Q 2023).
  • Net income: Mex$1.65b (up 33% from 3Q 2023).
  • Profit margin: 22% (up from 20% in 3Q 2023). The increase in margin was driven by higher revenue.
  • EPS: Mex$1.00 (up from Mex$0.79 in 3Q 2023).
earnings-and-revenue-growth
BMV:GENTERA * Earnings and Revenue Growth October 25th 2024

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

Gentera. de Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 17%.

Looking ahead, revenue is forecast to grow 23% 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 up 1.2% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Gentera. de's balance sheet health.

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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.