Cruzeiro do Sul Educacional SA (BSP:CSED3)
R$ 4.85 -0.12 (-2.41%) Market Cap: 1.77 Bil Enterprise Value: 3.51 Bil PE Ratio: 9.22 PB Ratio: 1.14 GF Score: 61/100
Back to the Transcripts List

Q3 2024 Cruzeiro do Sul Educacional SA Earnings Call (English, Portuguese) Transcript

Nov 18, 2024 / 01:00 PM GMT
Release Date Price: R$3.64 (+10.30%)

Key Points

Positve
  • Cruzeiro do Sul Educacional SA (BSP:CSED3) achieved the highest free cash generation in the company's history, reaching BRL199 million, a growth of approximately 56% compared to the previous year.
  • The company reported the highest net income in a quarter since its IPO, with adjusted net earnings of BRL64 million and a net margin of approximately 10%, up 4 percentage points from the previous year.
  • There was a significant growth in the student base, with a 7.2% increase in on-campus undergraduate students and a 16.4% increase in digital students compared to the previous year.
  • The company expanded its medical course offerings by 334 seats through acquisitions and authorizations, reaching a total of 1,019 seats, contributing to business expansion in the attractive medicine segment.
  • Cruzeiro do Sul Educacional SA (BSP:CSED3) maintained a healthy financial position with a leverage ratio of 1.4 times, demonstrating stability even after acquisitions and dividend payouts.
Negative
  • The average ticket for digital courses decreased by 1.6% compared to the same period last year, due to a more aggressive pricing strategy for hybrid formats.
  • The company faces potential regulatory risks related to distance learning, including restrictions on hybrid courses and the number of brands per hub, which could impact its strategy.
  • Despite improvements, there is still room for further reduction in SG&A expenses, particularly in personnel costs, which are expected to grow slightly higher than inflation.
  • The company is experiencing a reduction in CapEx, which could impact future growth and expansion opportunities if not managed carefully.
  • There is a concern that regulatory changes could lead to increased costs, potentially reducing the number of future students able to afford higher education.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CSED3.SA - Cruzeiro do Sul Educacional SA
Q3 2024 Cruzeiro do Sul Educacional SA Earnings Call (English, Portuguese)
Nov 18, 2024 / 01:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning and thank you for holding. Welcome to Cruzado Do Sue the CS conference call today discussing the earnings release of the third quarter of 2024. If you need simultaneous translation, this tool is available on the platform. Simply click the interpretation button at the bottom of the screen and select the language you prefer Portuguese or English for those listening to the conference call in English. There is also the option to click and mute original audio.

We inform that this conference is being recorded and will be available on the company's website IR website at R I dot Cruzado sued nowo dotcom dot br where you will also find the complete set of materials for our
Already have an account? Log in
Get the full story
Start 7-Day Free Trial
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2025 GuruFocus.com, LLC. All Rights Reserved.