Adecoagro SA AGRO.N reported quarterly adjusted earnings of 28 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 83 cents. The lone analyst forecast for the quarter was for earnings of 69 cents per share.
Revenue rose 22.2% to $471.50 million from a year ago; analysts expected $464.66 million.
Adecoagro SA's reported EPS for the quarter was 19 cents.
The company reported quarterly net income of $19.06 million.
Adecoagro SA shares had risen by 2.3% this quarter and gained 2.0% so far this year.
FORECAST CHANGES
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the food processing peer group is "hold."
Wall Street's median 12-month price target for Adecoagro SA is 13.00
This summary was machine generated from LSEG data November 14 at 03:57 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 0.69 | 0.28 | Missed |