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Minerva SA (MRVSY)
OTHER OTC:MRVSY
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2018
|% Change Since: -19.90%
|Next Earnings Date:Aug 07, 2018
Earnings Call Sentiment|Positive
Minerva Foods displayed strong financial performance with record revenue and EBITDA figures, complemented by successful strategic acquisitions and sustainability initiatives. However, challenges such as high cattle prices in Brazil and integration of new assets present potential hurdles. Despite these challenges, the company's diversified operations and strategic position in the beef export market provide a positive outlook.Company Guidance
During the Minerva Foods Q3 2024 earnings call, the company reported strong financial performance, highlighting a gross revenue of approximately BRL 9 billion and a record EBITDA of BRL 813 million with a margin of 9.6%. Over the past 12 months, gross revenue reached BRL 31.4 billion and EBITDA totaled BRL 2.8 billion. Free cash flow generation was impressive, amounting to BRL 667 million for the quarter and BRL 1.6 billion over the last 12 months, contributing to a net leverage ratio of 2.6x net debt over EBITDA. The company completed the acquisition of Marfrig South America's assets, adding 13 new plants and one distribution center across Brazil, Argentina, and Chile, resulting in a total investment of BRL 7.2 billion. The integration of these assets is expected to enhance Minerva's operational efficiency and geographic diversification, with a focus on maximizing synergies and capturing market opportunities in the global beef market, particularly in light of growing demand and restricted supply.Record Gross Revenue and EBITDA
In Q3 2024, Minerva Foods achieved a gross revenue of BRL 9 billion and a record EBITDA of BRL 813 million with an EBITDA margin of 9.6%.
Successful Acquisition and Integration of Marfrig Assets
Completed the acquisition of Marfrig South America assets, adding 13 industrial plants and 1 distribution center, increasing slaughter capacity by 35%.
Strong Free Cash Flow Generation
Free cash generation reached BRL 667 million in Q3, totaling BRL 1.6 billion over the last 12 months.
Sustainability Initiatives
Invested in clean energy with the acquisition of Irapuru Energia, capable of supplying 9 plants, advancing the sustainability agenda.
Strong Export Performance
Continued to lead beef exports from South America with approximately 20% market share, with notable growth in the NAFTA region.
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MRVSY 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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MRVSY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $4.12 | $3.94 | -4.37% |
| Aug 07, 2024 | $4.99 | $5.20 | +4.21% |
| May 08, 2024 | $4.80 | $4.86 | +1.25% |
| Mar 26, 2024 | $5.82 | $5.27 | -9.45% |
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 Minerva SA (MRVSY) report earnings?
Minerva SA (MRVSY) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Minerva SA (MRVSY) earnings time?
Minerva SA (MRVSY) earnings time is at Feb 20, 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 MRVSY EPS forecast?
Currently, no data Available
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