Saudi Company for Hardware SACO Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Saudi Company for Hardware SACO (TADAWUL:4008) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س245.4m (up 12% from 3Q 2023).
• Net loss: ر.س8.98m (loss narrowed by 26% from 3Q 2023).
• ر.س0.25 loss per share (improved from ر.س0.34 loss in 3Q 2023).

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

Saudi Company for Hardware SACO Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) missed analyst estimates by 108%.

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

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Saudi Company for Hardware SACO that we have uncovered.

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