Grupo Traxion SAB de CV (MEX:TRAXIONA, Financial) is set to release its Q3 2024 earnings on Oct 29, 2024. The consensus estimate for Q3 2024 revenue is $7,532.34 million, and the earnings are expected to come in at $0.52 per share. The full year 2024's revenue is expected to be $29.43 billion and the earnings are expected to be $1.77 per share. More detailed estimate data can be found on the Forecast page.
Grupo Traxion SAB de CV (MEX:TRAXIONA, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Grupo Traxion SAB de CV (MEX:TRAXIONA) for the full year 2024 have increased from $29.22 billion to $29.43 billion, and for 2025, from $33.17 billion to $34.67 billion. During the same period, earnings estimates have declined from $1.87 per share to $1.77 per share for the full year 2024, and from $2.45 per share to $2.34 per share for 2025.
Grupo Traxion SAB de CV (MEX:TRAXIONA, Financial) Reported History
In the previous quarter of June 30, 2024, Grupo Traxion SAB de CV's (MEX:TRAXIONA) actual revenue was $7,368.58 million, which beat analysts' revenue expectations of $7,147.35 million by 3.1%. Grupo Traxion SAB de CV's (MEX:TRAXIONA) actual earnings were $0.39 per share, which missed analysts' earnings expectations of $0.43 per share by -8.43%. After releasing the results, Grupo Traxion SAB de CV (MEX:TRAXIONA) was down by -4.15% in one day.
Grupo Traxion SAB de CV (MEX:TRAXIONA, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 7 analysts, the average target price for Grupo Traxion SAB de CV (MEX:TRAXIONA) is $42.93 with a high estimate of $53 and a low estimate of $34. The average target implies an upside of 94.95% from the current price of $22.02.
Based on GuruFocus estimates, the estimated GF Value for Grupo Traxion SAB de CV (MEX:TRAXIONA, Financial) in one year is $47.49, suggesting an upside of 115.67% from the current price of $22.02.
Based on the consensus recommendation from 9 brokerage firms, Grupo Traxion SAB de CV's (MEX:TRAXIONA, Financial) average brokerage recommendation is currently 1.7, 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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