Patria Investments Full Year 2024 Earnings: Beats Expectations
Net income: US$73.4m (down 38% from FY 2023).
Profit margin: 20% (down from 36% in FY 2023). The decrease in margin was driven by higher expenses.
EPS: US$0.48 (down from US$0.80 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue exceeded analyst estimates by 25%. Earnings per share (EPS) also surpassed analyst estimates by 26%.
Looking ahead, revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Capital Markets industry in the US.
Performance of the American Capital Markets industry.
The company's shares are up 6.5% from a week ago.
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Patria Investments (at least 1 which is potentially serious), and understanding these should be part of your investment process.
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.
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