Adecoagro Q1 2024 GAAP EPS $0.22, Sales $253.799M Beat $245.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Adecoagro (NYSE: AGRO) reported Q1 2024 GAAP EPS of $0.22 and sales of $253.799 million, beating the analyst consensus estimate of $245.000 million by 3.59%. This represents a 3.50% increase over the same period last year.
May 16, 2024 | 8:34 pm
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Adecoagro reported Q1 2024 GAAP EPS of $0.22 and sales of $253.799 million, beating analyst estimates and showing a year-over-year sales increase of 3.50%.
The company's earnings and sales beat analyst estimates, and the year-over-year sales increase indicates positive performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100