Loma Negra Compañía Industrial Argentina Sociedad Anónima Third Quarter 2024 Earnings: EPS: AR$179 (vs AR$63.41 in 3Q 2023)

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Third Quarter 2024 Results

Key Financial Results

• Revenue: AR$180.7b (up 144% from 3Q 2023).
• Net income: AR$20.9b (up 183% from 3Q 2023).
• Profit margin: 12% (up from 10.0% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: AR$179 (up from AR$63.41 in 3Q 2023).

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

Loma Negra Compañía Industrial Argentina Sociedad Anónima Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Basic Materials industry in the US.

Performance of the American Basic Materials industry.

The company's shares are up 14% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Loma Negra Compañía Industrial Argentina Sociedad Anónima that you should be aware of.

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