Industrias Peñoles. de Third Quarter 2024 Earnings: EPS: US$0.10 (vs US$0.039 in 3Q 2023)

Industrias Peñoles. de (BMV:PE&OLES) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.73b (up 15% from 3Q 2023).
• Net income: US$40.1m (up 156% from 3Q 2023).
• Profit margin: 2.3% (up from 1.0% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: US$0.10 (up from US$0.039 in 3Q 2023).

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

Industrias Peñoles. de Earnings Insights

Looking ahead, revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in South America are expected to grow by 3.0%.

Performance of the market in Mexico.

The company's shares are up 5.1% from a week ago.

Valuation

Following the latest earnings results, Industrias Peñoles. de may be overvalued based on 6 different valuation benchmarks we assess. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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