Consumer Durables News

MRV Engenharia e Participações Reports Third Quarter 2022 Earnings

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MRV Engenharia e Participações (BVMF:MRVE3) Third Quarter 2022 Results

Key Financial Results

  • Revenue: R$1.69b (down 5.8% from 3Q 2021).
  • Net income: R$1.59m (down 99% from 3Q 2021).
  • Profit margin: 0.1% (down from 9.2% in 3Q 2021).
earnings-and-revenue-history
BOVESPA:MRVE3 Earnings and Revenue History November 13th 2022

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

MRV Engenharia e Participações Earnings Insights

Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in Brazil.

Performance of the Brazilian Consumer Durables industry.

The company’s shares are down 14% from a week ago.

Risk Analysis

It’s necessary to consider the ever-present spectre of investment risk. We’ve identified 5 warning signs with MRV Engenharia e Participações (at least 1 which is concerning), and understanding these should be part of your investment process.

Valuation is complex, but we’re helping make it simple.

Find out whether MRV Engenharia e Participações is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

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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