Streetbeat News

LVRO

Lavoro Limited

https://www.lavoroagro.com

Industry

Agricultural Inputs

Lavoro Limited operates as an agricultural inputs retailer. It sells agricultural inputs, including seeds, fertilizers and specialty products, crop protection products, and others for the agricultural industry. The company also produces specialty fertilizers, crop protection products, and biological crop inputs. It operates in Brazil, Colombia, and Uruguay. The company sells its products through its physical stores and digital. Lavoro Limited was founded in 2017 and is based in Sao Paulo, Brazil.

Open

4.57

Mkt cap

541M

Volume

3.6K

High

4.67

P/E Ratio

-3.80

52-wk high

9.00

Low

4.25

Div yield

N/A

52-wk low

3.42

Lavoro (NASDAQ:LVRO) reported a significant quarterly loss of $(0.50) per share, missing the analyst consensus estimate of $0.02 by a wide margin. The company's sales also fell short of expectations, coming in at $514.20 million compared to the estimated $619.07 million.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:35 pm

Investor optimism has improved, with U.S. stocks recording gains for May. The Dow Jones had its best session of the year on Friday, despite losses last week. MongoDB, Inc. (MDB) fell 24% due to weak FY25 guidance, while Dell Technologies Inc. (DELL) dipped 18% despite positive earnings. The Gap, Inc. (GPS) surged over 28% after strong quarterly results. Investors are awaiting earnings from Science Applications International Corporation (SAIC), Lavoro Limited (LVRO), and HealthEquity, Inc. (HQY).

Portfolio Pulse from Avi Kapoor

June 03, 2024 | 7:52 am

Several stocks are expected to capture investor attention today, including Science Applications International Corporation (SAIC), Autodesk, Inc. (ADSK), HealthEquity, Inc. (HQY), MingZhu Logistics Holdings Limited (YGMZ), and Lavoro Limited (LVRO). Key earnings reports and corporate actions are driving premarket movements.

Portfolio Pulse from Avi Kapoor

June 03, 2024 | 7:52 am

Oppenheimer analyst Kristen Owen initiates coverage on Lavoro (NASDAQ:LVRO) with an Outperform rating and a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 9:50 am

In Wednesday's after-market session, several industrials stocks saw significant movements. Energy Focus, Lavoro, American Rebel Holdings, ShiftPixy, Gaucho Group Holdings, and Mesa Air Group were among the gainers, with Energy Focus leading at a 16.2% increase. On the downside, Erayak Power Solution Gr, Shengfeng Development, Performant Financial, AERWINS Technologies, noco-noco, and Triumph Group experienced declines, with Erayak Power Solution Gr dropping the most at 11.7%.