Companhia Brasileira De Distribuicao (BSP:PCAR3) Q3 2024 Earnings Report Preview: What to Expect

Author's Avatar
2 days ago

Companhia Brasileira De Distribuicao (BSP:PCAR3, Financial) is set to release its Q3 2024 earnings on Oct 23, 2024. The consensus estimate for Q3 2024 revenue is $4.56 billion, and the earnings are expected to come in at -$0.34 per share. The full year 2024's revenue is expected to be $19.44 billion and the earnings are expected to be -$1.95 per share. More detailed estimate data can be found on the Forecast page.

Companhia Brasileira De Distribuicao (BSP:PCAR3, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Companhia Brasileira De Distribuicao (BSP:PCAR3) for the full year 2024 have declined from $20.07 billion to $19.44 billion. For 2025, the estimates decreased from $21.03 billion to $20.29 billion. Earnings estimates have also been revised downward, moving from -$1.18 per share to -$1.95 per share for the full year 2024, and from -$0.21 per share to -$0.59 per share for 2025.

Companhia Brasileira De Distribuicao (BSP:PCAR3, Financial) Reported History

In the previous quarter of 2024-06-30, Companhia Brasileira De Distribuicao's (BSP:PCAR3) actual revenue was $4.49 billion, which missed analysts' revenue expectations of $4.61 billion by -2.61%. Companhia Brasileira De Distribuicao's (BSP:PCAR3) actual earnings were -$0.36 per share, which beat analysts' earnings expectations of -$0.615 per share by 41.46%. After releasing the results, Companhia Brasileira De Distribuicao (BSP:PCAR3) was down by -1.38% in one day.

1848697314437394432.png

Companhia Brasileira De Distribuicao (BSP:PCAR3, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 10 analysts, the average target price for Companhia Brasileira De Distribuicao (BSP:PCAR3) is $4.05 with a high estimate of $5.70 and a low estimate of $3.00. The average target implies an upside of 28.98% from the current price of $3.14.

Based on GuruFocus estimates, the estimated GF Value for Companhia Brasileira De Distribuicao (BSP:PCAR3, Financial) in one year is $11.42, suggesting an upside of 263.69% from the current price of $3.14.

Based on the consensus recommendation from 11 brokerage firms, Companhia Brasileira De Distribuicao's (BSP:PCAR3, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies a strong buy, and 5 denotes a sell.

1848697340920229888.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.