CINT Earnings Prediction
The chart below shows how CINT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CINT sees a +0.68% change in stock price 10 days leading up to the earnings, and a +4.95% change 10 days following the report. On the earnings day itself, the stock moves by +2.16%. This data can give you a slight idea of what to expect for the next quarter's release.
CINT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
622.16M
17.59%
9.99%
Gross Margin
34.67%
6.45%
0.06%
Operating Margin
14.92%
14.24%
5.82%
Net Margin
4.59%
-10.18%
-46.50%
EPS
0.21
10.53%
-38.24%
No Data Available
CINT Earnings Analysis
CI&T Inc Corporation (CINT.N) Earnings Conference Call
Positive
Record Net Revenue Growth: 1. Record Net Revenue: CI&T achieved a record net revenue of BRL622.2 million in Q3 2024, representing a 17.6% increase year-over-year.
Top Client Revenue Surge: 2. Strong Client Growth: Revenue from the top 10 clients surged by 25.3% year-over-year, highlighting the company's ability to deepen relationships with key accounts.
Adjusted EBITDA Margin Increase: 3. Improved Adjusted EBITDA Margin: The adjusted EBITDA margin improved to 19.5%, up by one percentage point from the previous year, reflecting effective cost management and operational efficiency.
Cash Flow Increase: 4. Robust Cash Generation: CI&T generated BRL295 million from operating activities in the first nine months of 2024, marking a 15.9% increase compared to the previous year.
Talent Acquisition Growth: 5. Significant Talent Acquisition: The company onboarded 520 new employees globally in Q3 2024, contributing to a total headcount of 6,700, which reflects a 10.5% year-over-year growth.
Negative
Rising Tax Rate: 1. Increased Tax Burden: The effective tax rate rose to 38.7% for the first nine months of 2024, up from 36.5% in the same period of 2023, indicating a higher tax burden on the company.
Operating Costs Impact Profit: 2. Rising Operating Costs: Despite a strong revenue increase, the company faced higher income tax expenses, which partially offset the growth in adjusted net profit, which increased by 32.9% year-over-year.
Cautious Revenue Outlook: 3. Conservative Revenue Guidance: For the full year of 2024, the company expects net revenue growth at constant currency to be between 0.5% and 2% year-over-year, reflecting a cautious outlook amid macroeconomic uncertainties.
Tax Efficiency Fluctuations: 4. High Effective Tax Rate: The cash tax rate for the nine months of 2024 was 10%, down from 14.8% in the same period of 2023, indicating fluctuations in tax efficiency that could impact future profitability.
Market Uncertainty Impact: 5. Volatile Market Conditions: The company acknowledged ongoing macroeconomic uncertainties that could affect client budgets and demand, particularly in the North American market, which may hinder growth prospects.
CINT FAQs
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CINT Earning Call Sentiment
CI&T Inc. (CINT) Q3 2024 Earnings Call Transcript
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00:00
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CINT.N
0.68%Positive
The earnings call reveals strong financial performance with significant revenue and profit growth, alongside improved margins. The company raised its guidance, indicating confidence in future performance. The Q&A highlights stable demand and positive client engagement, with AI driving competitiveness. Despite some concerns about tax rates and competition, the overall sentiment is positive, supported by a strong talent acquisition strategy and increased cash generation. This positive outlook is likely to drive a stock price increase in the near term.
