Ci&T Inc expected to post earnings of 43 centavos a share - Earnings Preview

Reuters03-10
  • Ci&T Inc CINT.N, CINT.K is expected to show a rise in quarterly revenue when it reports results on March 12 for the period ending December 31 2024

  • The Campinas Sao Paulo-based company is expected to report a 24.1% increase in revenue to R$648.469 million from R$522.56 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on November 14 2024, for the period ended December 31, was for revenue between R$620.00 million and R$655.00 million.

  • ​LSEG's mean analyst estimate for Ci&T Inc is for earnings of 43 centavos per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Ci&T Inc is $8.50​, above​ its last closing price of $6.96. ​​​

Previous quarterly performance (using preferred earnings measure in Brazilian reais). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.42

0.39

0.41

Beat

5.8

Jun. 30 2024

0.32

0.31

0.47

Beat

52.6

Mar. 31 2024

0.25

0.25

0.30

Beat

20​

Dec. 31 2023

0.32

0.32

0.35

Beat

10

​​Sep. 30 2023

0.37

0.37

0.33

Missed

-9.9

Jun. 30 2023

0.38

0.38

0.46

Beat

21.5​

Mar. 31 2023

0.34

0.34

0.49

Beat

42.6

Dec. 31 2022

0.51

0.50

0.40

Missed

-20.6

This summary was machine generated March 10 at 20:41 GMT. All figures in Brazilian reais unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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