Cresud 6M 2024 Revenue ARS 204,745M, Down From ARS 210,149M YoY; EPS ARS 69.91 Up From ARS 47.67 YoY
Portfolio Pulse from Benzinga Newsdesk
Cresud reported a 6-month revenue of ARS 204,745 million, a decrease from ARS 210,149 million year-over-year. However, its earnings per share (EPS) increased to ARS 69.91 from ARS 47.67 in the same period.

February 09, 2024 | 6:30 am
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Cresud's 6-month financials show a revenue decline but an increase in EPS year-over-year.
The decrease in revenue might concern investors about Cresud's sales performance, potentially putting downward pressure on the stock. However, the significant increase in EPS indicates improved profitability, which could counterbalance concerns and attract investors looking for earnings growth. The mixed nature of these results makes the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90