Cruzeiro do Sul Educacional Third Quarter 2022 Results: Revenue Exceeds Expectations, EPS Lags

Cruzeiro do Sul Educacional (BVMF:CSED3) Third Quarter 2022 Results

Main financial results

  • Revenue: R$496.3 million (up 14% compared to Q3 2021).
  • Net profit: 3.82 million reais (down 72% compared to the 3rd quarter of 2021).
  • Profit margin: 0.8% (vs. 3.1% in 3Q 2021). The lower margin was driven by higher expenses.
  • EPS: R$0.01 (vs. R$0.038 in Q3 2021).
BOVESPA: CSED3 Growth in results and revenues November 19, 2022

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

Cruzeiro do Sul Educacional revenue exceeds expectations, EPS falls short

Revenue beat analysts’ estimates by 2.8%. Earnings per share (EPS) missed analysts’ estimates by 88%.

Going forward, revenue is expected to grow by an average of 12% per year over the next 3 years, compared to a growth forecast of 8.5% for the consumer services industry in Brazil.

Performance of the Brazilian consumer services industry.

Shares of the company are down 4.6% from a week ago.

Risk analysis

Remember that there may still be risks. For example, we have identified 1 warning sign for Cruzeiro do Sul Educacional of which you should be aware.

Valuation is complex, but we help make it simple.

Find out if Cruzeiro do Sul Educational is potentially overvalued or undervalued by viewing our full analysis, which includes fair value estimates, risks and warnings, dividends, insider trading and financial health.

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