Regional SA de Cv (MEX:RA) Q3 2024 Earnings Report Preview: What To Look For

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Oct 28, 2024

Regional SA de Cv (MEX:RA, Financial) is set to release its Q3 2024 earnings on Oct 29, 2024. The consensus estimate for Q3 2024 revenue is $4.33 billion, and the earnings are expected to come in at $4.94 per share. The full year 2024's revenue is expected to be $17.00 billion and the earnings are expected to be $19.62 per share. More detailed estimate data can be found on the Forecast page.

Regional SA de Cv (MEX:RA, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Regional SA de Cv (MEX:RA) for the full year 2024 have increased from $16.87 billion to $17.00 billion. For 2025, the estimates have risen from $18.23 billion to $18.25 billion. Earnings estimates for the full year 2024 have also seen an uptick, moving from $19.52 per share to $19.62 per share. For 2025, earnings estimates have increased from $20.85 per share to $20.92 per share.

Regional SA de Cv (MEX:RA, Financial) Reported History

In the previous quarter of 2024-06-30, Regional SA de Cv's (MEX:RA) actual revenue was $3.92 billion, which missed analysts' revenue expectations of $4.19 billion by -6.43%. Regional SA de Cv's (MEX:RA) actual earnings were $4.9 per share, which beat analysts' earnings expectations of $4.873 per share by 0.55%. After releasing the results, Regional SA de Cv (MEX:RA) was down by -2.22% in one day.

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Regional SA de Cv (MEX:RA, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 13 analysts, the average target price for Regional SA de Cv (MEX:RA) is $168.32 with a high estimate of $196.8 and a low estimate of $141. The average target implies an upside of 41.79% from the current price of $118.71.

Based on GuruFocus estimates, the estimated GF Value for Regional SA de Cv (MEX:RA, Financial) in one year is $165.65, suggesting an upside of 39.54% from the current price of $118.71.

Based on the consensus recommendation from 13 brokerage firms, Regional SA de Cv's (MEX:RA, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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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.