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CI&T (CINT)
NYSE:CINT
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Earnings Data
Report Date
Mar 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.07Last Year’s EPS
$0.16Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 14, 2024
|% Change Since: -10.29%
|Next Earnings Date:Mar 05, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted CI&T's strong financial performance with record revenue, significant growth among top clients, and improved EBITDA margins. The successful expansion of their CI&T/FLOW platform and talent acquisition were also key achievements. However, higher income tax expenses were noted as a challenge. Overall, the sentiment is positive as the highlights significantly outweigh the lowlights.Company Guidance
In the third quarter of 2024, CI&T reported a record net revenue of BRL 622.2 million, reflecting a 17.6% increase from the same period last year, with a constant currency net revenue growth of 9% year-over-year. The top 10 clients exhibited a robust growth of 25.3% in net revenue year-over-year. The company achieved an adjusted EBITDA margin of 19.5% and generated BRL 295 million from operating activities in the first nine months of 2024. CI&T's headcount grew by 10.5% year-over-year, reaching 6,700 employees. The company expects fourth-quarter net revenue to be between BRL 620 million and BRL 655 million, projecting a 22% year-over-year growth at the midpoint. For the full year 2024, CI&T anticipates net revenue growth at constant currency between 0.5% and 2%, with an expected adjusted EBITDA margin range of 18% to 19%.Record Net Revenue
CI&T achieved a record net revenue of BRL 622.2 million in Q3 2024, marking a 17.6% increase compared to Q3 2023, with a constant currency net revenue growth of 9% year-over-year.
Strong Growth Among Top Clients
The net revenue from the top 10 clients grew by 25.3% year-over-year, showing strong performance and commitment to delivering value and building long-term relationships.
Adjusted EBITDA Margin Improvement
CI&T reported a solid adjusted EBITDA margin of 19.5% for Q3 2024, up by 1 percentage point compared to Q3 2023.
Talent Acquisition and Growth
CI&T onboarded 520 new CI&Ters globally in Q3 2024, reflecting a 10.5% year-over-year growth in headcount and enhancing talent acquisition with AI.
Expansion of CI&T/FLOW Platform
Over 75% of CI&T teams have integrated the FLOW platform into their daily activities, with more than 3,000 team members FLOW certified and 100 clients embracing the platform.
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CINT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CINT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $6.90 | $6.96 | +0.87% |
| Aug 16, 2024 | $6.75 | $7.22 | +6.96% |
| May 22, 2024 | $3.46 | $3.75 | +8.38% |
| Mar 07, 2024 | $4.45 | $3.97 | -10.79% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does CI&T (CINT) report earnings?
CI&T (CINT) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
What is CI&T (CINT) earnings time?
CI&T (CINT) earnings time is at Mar 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CINT EPS forecast?
CINT EPS forecast for the fiscal quarter 2024 (Q4) is $0.07.
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