Stock Analysis

Operadora de Sites Mexicanos. de Third Quarter 2024 Earnings: Beats Expectations

BMV:SITES1 A-1
Source: Shutterstock

Operadora de Sites Mexicanos. de (BMV:SITES1A-1) Third Quarter 2024 Results

Key Financial Results

  • Revenue: Mex$3.38b (up 13% from 3Q 2023).
  • Net income: Mex$208.7m (up 145% from 3Q 2023).
  • Profit margin: 6.2% (up from 2.9% in 3Q 2023). The increase in margin was driven by higher revenue.
  • EPS: Mex$0.11 (up from Mex$0.027 in 3Q 2023).
earnings-and-revenue-growth
BMV:SITES1 A-1 Earnings and Revenue Growth October 26th 2024

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

Operadora de Sites Mexicanos. de Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 30%.

Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Telecom industry in South America.

Performance of the market in Mexico.

The company's shares are down 4.5% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Operadora de Sites Mexicanos. de that you should be aware of.

New: AI Stock Screener & Alerts

Our new AI Stock Screener scans the market every day to uncover opportunities.

• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies

Or build your own from over 50 metrics.

Explore Now for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.