Bioceres Crop Solutions Q4 Sales $124M Miss $135.360M Estimate, Net Loss $2.6M Up From $4.2M YoY
Portfolio Pulse from Benzinga Newsdesk
Bioceres Crop Solutions reported Q4 sales of $124M, missing the $135.36M estimate, with a net loss of $2.6M, an improvement from a $4.2M loss YoY.
September 10, 2024 | 8:15 am
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Bioceres Crop Solutions reported Q4 sales of $124M, missing the $135.36M estimate. Despite the sales miss, the net loss improved to $2.6M from $4.2M YoY.
The sales miss is significant as it was below analyst expectations, which could negatively impact investor sentiment and the stock price in the short term. However, the improvement in net loss is a positive aspect, but the sales miss is likely to have a stronger immediate impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100