Iguatemi

Iguatemi reported Q2 revenue of $397 million (6.6 billion reais), 6.98% above consensus, while earnings per share of $0.4097 missed the estimate of $0.4499. Like-for-like sales rose 4.2% in the quarter, occupancy was 96.9% and the NOI margin reached a record 95%. Management still sees strength in the premium portfolio, slightly reduced the CAPEX guidance, and maintained a buyback program of 200 million reais as well as a robust dividend track record. The stock barely moved, signaling to investors a mixed but not alarming verdict on the quarter. » More on de.investing.com

Iguatemi reported Q1 2026 EPS of $0.80 versus expected $0.4185 and revenue of $369 million versus a $349.32 million forecast. The company achieved Brazil’s highest revenue per square meter and reported adjusted net income growth and a high EBITDA margin driven by luxury partnerships and portfolio optimization. The stock rose intraday after hours, though recent volatility reflects cautious investor sentiment. Iguatemi forecasts further growth from projects in São Paulo and Brasília but cites tax risks and construction delays as potential challenges. » More on de.investing.com

Iguatemi reported strong operational results for Q1 2026 with total revenue of R$ 5.7 billion (+12.8%) and an occupancy rate of 97.3%, the highest level in a first quarter in 16 years. Revenue per square meter and rental growth were well above inflation, while net rental arrears fell to 0.7%. Strategic sales of minority stakes generated R$ 372 million in proceeds and a disposal gain of R$ 143 million, which, together with operational growth, lifted EBITDA to R$ 402.7 million (+72.8%) and net profit to R$ 237.6 million (+121.2%). The balance sheet improved with higher cash balances and lower net debt, and management plans further concentration on high‑productivity premium assets. » More on de.investing.com