CCU Earnings Prediction
The chart below shows how CCU performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CCU sees a -4.70% change in stock price 10 days leading up to the earnings, and a -1.27% change 10 days following the report. On the earnings day itself, the stock moves by +1.00%. This data can give you a slight idea of what to expect for the next quarter's release.
CCU Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.00B
56.99%
40.31%
Gross Margin
47.84%
3.66%
10.48%
Operating Margin
13.87%
-1.21%
156.38%
Net Margin
8.48%
1.56%
73.42%
EPS
0.21
61.54%
133.33%
No Data Available
CCU Earnings Analysis
Compania Cervecerias Unidas SA Corporation (CCU.N) Earnings Conference Call
Positive
EBITDA Growth Comparison: CCU delivered higher financial results in 2024 compared to 2023, with full year consolidated EBITDA reaching CLP 387,267 million, a 2.1% increase, and a 9.6% increase when including a nonrecurring gain.
Net Income Expansion: Full year consolidated net income expanded by 32.5%, and increased by 52.3% when including the nonrecurring gain, showcasing strong financial performance.
EBITDA Surge and Efficiency: The second half of 2024 saw a significant turnaround, with consolidated EBITDA surging by 27.7%, driven by effective revenue management and operational efficiencies across all segments.
Regional Strategy Enhancement: CCU's regional strategy was strengthened with the consolidation of Aguas de Origen in Argentina and a partnership with BRC Group in Paraguay, enhancing operational synergies and market presence.
EBITDA Growth Surge: In Q4 2024, consolidated EBITDA reached CLP 182,621 million, a 65.2% increase, driven by strong performance across all operating segments, with a robust 34.9% increase when isolating hyperinflationary accounting effects.
Q4 2024 Net Income Surge: Consolidated net income for Q4 2024 was CLP 74,153 million, up by 77.7%, reflecting improved operational results and better non-operating results, particularly in Argentina.
Chile Segment Performance: In the Chile Operating segment, top line expanded by 9.9%, with a 4.9% increase in average prices and a 4.7% increase in volumes, leading to a 23% EBITDA growth and an improved EBITDA margin.
Organic Sales Surge: The International Business Operating segment saw organic net sales sharply increase, driven by higher average prices, despite an 11.5% contraction in organic volumes, with EBITDA more than tripling compared to last year.
Wine Segment Revenue Expansion: The Wine Operating segment posted a 21.4% top line expansion, driven by a 21.7% rise in average prices, with exports increasing and a favorable comparison base contributing to revenue growth.
Negative
Industry Contraction Impact: - The beer and water industries in Argentina faced a contraction in the low 20s, negatively impacting overall performance.
Flat Volume Performance: The Chile operating segment experienced flat volumes due to modest economic growth, indicating a lack of growth in a key market.
Currency Depreciation Impact: There were significant cost and expense pressures from the depreciation of local currencies against the U.S. dollar, affecting profitability.
EBITDA Decline Challenges: In the first half of 2024, the company posted a 26.5% decline in EBITDA, highlighting challenges faced during that period.
Mixed Year Performance: Despite a strong turnaround in the second half, the overall performance was still impacted by a challenging first half of the year.
Sales Volume Decline: Quarter four 2024 volumes were down 0.1% when excluding inorganic volumes, indicating underlying weakness in sales.
Organic Volume Contraction: The International Business Operating segment saw an 11.5% contraction in organic volumes, raising concerns about market demand.
Wine Segment Stagnation: The Wine Operating segment's volumes were flat, suggesting stagnation in that category as well.
