BRF SA BRFS.N, BRFS.K is expected to show a fall in quarterly revenue when it reports results on November 13 for the period ending June 30 2024
The Itajai Santa Catarina-based company is expected to report a 6.0% decrease in revenue to $2.656 billion from $2.83 billion a year ago, according to the mean estimate from 2 analysts, based on LSEG data. (Majority basis is on Total Sales)
LSEG's mean analyst estimate for BRF SA is for earnings of 9 cents per share.
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 mean earnings estimate of analysts had risen by about 17.9% in the last three months.
Wall Street's median 12-month price target for BRF SA is $4.80, above its last closing price of $4.23.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | 0.08 | 0.09 | 0.11 | Beat | 26.7 |
Mar. 31 2024 | 0.03 | 0.03 | 0.06 | Beat | 131.7 |
Dec. 31 2023 | 0.03 | 0.03 | 0.15 | Beat | 380.7 |
Jan. 1 0001 | -0.01 | -0.02 | -0.05 | Missed | -130 |
Jan. 1 0001 | 0.01 | -0.05 | -0.25 | Missed | -427.3 |
Mar. 31 2023 | -0.09 | -0.18 | Missed | -114.3 | |
Dec. 31 2022 | -0.04 | -0.04 | -0.16 | Missed | -273.9 |
Sep. 30 2022 | 0.02 | 0.02 | -0.02 | Missed | -217.8 |
This summary was machine generated November 11 at 19:56 GMT. 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)
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