Earnings Alerts

Suzano (SUZB3) Earnings Report: Unexpected 2Q Net Loss of R$3.77B vs. Estimated Profit

  • Net Loss: Suzano reported a net loss of R$3.77 billion in the second quarter of 2024, in contrast to a profit of R$5.08 billion in the same period last year. Expectations were for a profit of R$2.13 billion.
  • Net Revenue: The company achieved a net revenue of R$11.49 billion, marking a 25% increase year-over-year. This figure surpassed the estimated R$11.14 billion.
  • Adjusted EBITDA: Suzano’s adjusted EBITDA came in at R$6.29 billion, reflecting a 60% year-over-year growth and exceeding the estimated R$5.86 billion.
  • EBITDA Margin: The adjusted EBITDA margin improved to 55%, up from 43% in the same quarter last year.
  • Net Debt to EBITDA Ratio: The company’s net debt to adjusted EBITDA ratio was 3.5 times, a 75% increase year-over-year.
  • Analyst Recommendations: Currently, there are 13 buy ratings, 4 hold ratings, and no sell ratings for Suzano.

A look at Suzano Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Suzano is positioned favorably for long-term growth. With a high score of 5 in Growth, the company is expected to expand steadily in the coming years. This signifies that Suzano has strong potential for increasing its market presence and profitability over time. Additionally, the company received a solid score of 3 in both Value and Momentum, indicating a good balance between being undervalued and showing positive price trends. Although the scores for Dividend and Resilience are lower at 2 each, the overall outlook for Suzano remains positive due to its strengths in growth and value.

Suzano S.A., a company specializing in sustainable solutions from renewable sources, has been rated highly in terms of growth potential. With a focus on developing products such as cellulose, hygiene, lignin, eucalyptus, and paper, Suzano caters to a global clientele. Despite receiving lower scores in Dividend and Resilience, the company’s strong performance in Growth suggests a promising future. Investors looking for a company with strong growth prospects may find Suzano an attractive long-term investment option based on its overall Smartkarma Smart Scores.


Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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