Yahoo Finance Lavoro Second Quarter 2024 Earnings: R$0.13 loss per share (vs R$1.32 profit in 2Q 2023)
Lavoro (NASDAQ:LVRO) Second Quarter 2024 Results
Key Financial Results
Revenue: R$3.07b (down 4.8% from 2Q 2023).
Net loss: R$15.0m (down by 110% from R$149.7m profit in 2Q 2023).
R$0.13 loss per share (down from R$1.32 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lavoro Earnings Insights
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Trade Distributors industry in the US.
Performance of the American Trade Distributors industry.
The company's shares are down 2.0% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Lavoro that you should be aware of.
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