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OTCMKTS:CYRBY

Cyrela Brazil Realty 8/9/2024 Earnings Report

Cyrela Brazil Realty logo
$4.62 -0.05 (-1.07%)
As of 01:00 PM Eastern

Cyrela Brazil Realty EPS Results

Actual EPS
$0.21
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Cyrela Brazil Realty Revenue Results

Actual Revenue
$356.32 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Cyrela Brazil Realty Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Cyrela Brazil Realty Earnings Headlines

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About Cyrela Brazil Realty

Cyrela Brazil Realty (OTCMKTS:CYRBY) (OTCMKTS: CYRBY) is one of Brazil’s leading residential real estate developers, specializing in the acquisition, development and sale of high‐end residential properties. Founded in 1962 by Elie Horn, the company has grown from a regional builder in São Paulo to a diversified real estate platform with a nationwide footprint. Cyrela’s integrated business model spans land sourcing, project design, construction management and post‐sales service, allowing for tight cost controls and high quality standards across its portfolio.

The company’s core offerings include multi‐family apartment buildings, condominiums and luxury single‐family homes targeting middle‐to‐upper income buyers. Over the decades, Cyrela has developed projects in key Brazilian markets such as São Paulo, Rio de Janeiro, Belo Horizonte, Porto Alegre and Curitiba. In addition to urban residential complexes, the firm occasionally undertakes mixed‐use developments that combine retail, office and leisure facilities to capture value across multiple segments.

Cyrela Brazil Realty also places emphasis on sustainable building practices and green certifications, reflecting growing environmental and regulatory demands. Its in‐house design and engineering teams work closely with architects and local authorities to incorporate energy‐efficient systems, intelligent water management and modern safety standards. Through these initiatives, Cyrela seeks to enhance long‐term asset value and deliver consistent customer satisfaction.

Led by founder Elie Horn as Chairman and supported by an experienced executive management team, Cyrela maintains a strong project pipeline and disciplined land bank strategy. The company’s reputation for craftsmanship and timely delivery has cemented its position among investors and homebuyers alike, underpinning its status as a cornerstone of Brazil’s residential real estate sector.

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