Grupo Gicsa. de Third Quarter 2024 Earnings: EPS: Mex$1.00 (vs Mex$0.14 in 3Q 2023)

Grupo Gicsa. de (BMV:GICSAB) Third Quarter 2024 Results

Key Financial Results

• Revenue: Mex$1.45b (up 23% from 3Q 2023).
• Net loss: Mex$89.5m (down by 138% from Mex$236.3m profit in 3Q 2023).
• EPS: Mex$1.00.

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

Grupo Gicsa. de Earnings Insights

Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Real Estate industry in South America.

Performance of the market in Mexico.

The company's shares are up 5.5% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Grupo Gicsa. de (1 shouldn't be ignored!) that you should be aware of.

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