🟢 Smartfit is trading 5.2% up today after recurring profit beat estimates

Smartfit is trading at BRL 17.67, with a +5.24% gain, after its third-quarter recurring net profit beat analysts’ estimate.

• Its November 4 report showed recurring net profit of R$248 million, up 40% year over year, versus analysts’ R$236.5 million estimate.
• Adjusted EBITDA of R$763 million and revenue of R$2.35 billion also topped expectations. Smartfit scheduled its results webinar for November 5.