Cresud S.A.C.I.F. y A. 9M 2024 EPS US$0.0383 Down From US$0.137 YoY
Portfolio Pulse from Benzinga Newsdesk
Cresud S.A.C.I.F. y A. reported a significant decrease in its earnings per share (EPS) for the 9-month period ending in 2024, with EPS dropping to US$0.0383 from US$0.137 year-over-year.
May 10, 2024 | 1:28 pm
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NEGATIVE IMPACT
Cresud S.A.C.I.F. y A. experienced a sharp decline in its 9-month EPS for 2024, indicating a significant reduction in profitability compared to the previous year.
The substantial decrease in EPS for Cresud indicates a significant downturn in the company's profitability. This is likely to negatively impact investor sentiment and could lead to a decrease in stock price in the short term. The direct mention of the company and the specific financial figures provide a clear indication of the company's performance, making the news highly relevant and important for investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100