Lavoro Full Year 2024 Earnings: Misses Expectations

Simply Wall St.
03 Nov 2024

Lavoro (NASDAQ:LVRO) Full Year 2024 Results

Key Financial Results

  • Revenue: R$9.39b (flat on FY 2023).
  • Net loss: R$762.5m (loss widened by 193% from FY 2023).
  • R$6.71 loss per share (further deteriorated from R$2.30 loss in FY 2023).
NasdaqGM:LVRO Revenue and Expenses Breakdown November 3rd 2024

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

Lavoro Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 7.3%.

The primary driver behind last 12 months revenue was the Brazil segment contributing a total revenue of R$7.87b (84% of total revenue). Notably, cost of sales worth R$8.05b amounted to 86% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to R$1.36b (65% of total expenses). Explore how LVRO's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.0% 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 up 12% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Lavoro (including 1 which can't be ignored).

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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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