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

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).

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.

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