BRF (NYSE:BRFS - Get Free Report) is set to announce its earnings results after the market closes on Wednesday, November 13th. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.
BRF (NYSE:BRFS - Get Free Report) last posted its quarterly earnings results on Thursday, August 15th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.04. The firm had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.55 billion. BRF had a net margin of 3.61% and a return on equity of 11.51%. During the same period in the prior year, the firm posted ($0.10) earnings per share. On average, analysts expect BRF to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
BRF Stock Performance
Shares of BRF stock traded down $0.12 during trading on Friday, hitting $4.23. 2,184,090 shares of the stock were exchanged, compared to its average volume of 2,933,733. BRF has a 1-year low of $2.28 and a 1-year high of $4.76. The stock has a market capitalization of $4.58 billion, a price-to-earnings ratio of 15.67, a price-to-earnings-growth ratio of 0.26 and a beta of 1.93. The company has a fifty day moving average price of $4.39 and a 200-day moving average price of $4.04. The company has a current ratio of 1.45, a quick ratio of 0.99 and a debt-to-equity ratio of 1.20.
Analyst Upgrades and Downgrades
Several research firms have issued reports on BRFS. Barclays upped their price objective on BRF from $4.50 to $5.00 and gave the company an "overweight" rating in a research note on Friday, August 16th. StockNews.com raised BRF from a "buy" rating to a "strong-buy" rating in a report on Wednesday, August 21st. Finally, Bank of America boosted their price target on BRF from $22.00 to $24.00 and gave the company a "neutral" rating in a research note on Thursday, August 15th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, BRF presently has an average rating of "Moderate Buy" and an average price target of $10.70.
View Our Latest Report on BRF
About BRF
(
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BRF SA raises, produces, and slaughters poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and other products. The company provides frozen whole and cut chicken, frozen pork, and turkey, and halal products for Islamic markets; processed foods, such as marinated, frozen, seasoned whole, and cut chicken, roosters, sausages, ham products, bologna, frankfurters, salamis, bacons, cold meats, and other smoked products; and hamburgers, steaks, breaded meat products, kibbeh, and meatballs, as well as chicken sausages, hot dogs, and chicken bologna.
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