BRF SA reports results for the quarter ended September 30 - Earnings Summary
BRF SA BRFS.N reported quarterly adjusted earnings of 11 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of four analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 10 cents to
Revenue fell 1% to $2.80 billion from a year ago; analysts expected $2.66 billion.
BRF SA's reported EPS for the quarter was 11 cents.
The company reported quarterly net income of $184.74 million.
BRF SA shares had fallen by 1.8% this quarter and gained 54.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 62.9% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "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 BRF SA is 4.80
This summary was machine generated from LSEG data November 15 at 12:13 p.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 | 0.10 | 0.11 | Beat |
Jun. 30 2024 | 0.09 | 0.11 | Beat |
Mar. 31 2024 | 0.03 | 0.06 | Beat |
Dec. 31 2023 | 0.03 | 0.15 | Beat |
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