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)