Localiza Rent a Car S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was BRL 665.03 million compared to BRL 424.17 million a year ago. Basic earnings per share from continuing operations was BRL 0.63027 compared to BRL 0.43487 a year ago. Diluted earnings per share from continuing operations was BRL 0.62686 compared to BRL 0.43255 a year ago.
For the nine months, net income was BRL 1,099.76 million compared to BRL 1,398.92 million a year ago. Basic earnings per share from continuing operations was BRL 1.10715 compared to BRL 1.69182 a year ago. Diluted earnings per share from continuing operations was BRL 1.10078 compared to BRL 1.68118 a year ago.