BRF SA (BSP:BRFS3, Financial) is set to release its Q3 2024 earnings on Nov 14, 2024. The consensus estimate for Q3 2024 revenue is $15,567.43 million, and the earnings are expected to come in at $0.72 per share. The full year 2024's revenue is expected to be $59.30 billion and the earnings are expected to be $2.11 per share. More detailed estimate data can be found on the Forecast page.
BRF SA (BSP:BRFS3, Financial) Estimates Trends
Over the past 90 days, revenue estimates for BRF SA (BSP:BRFS3) have increased from $56.86 billion to $59.30 billion for the full year 2024, and from $58.77 billion to $61.83 billion for 2025. Earnings estimates have also shown growth, rising from $1.48 per share to $2.11 per share for the full year 2024, and from $1.22 per share to $1.86 per share for 2025.
BRF SA (BSP:BRFS3, Financial) Reported History
In the previous quarter of 2024-06-30, BRF SA's (BSP:BRFS3) actual revenue was $14,929.59 million, which beat analysts' revenue expectations of $14,228.94 million by 4.92%. BRF SA's (BSP:BRFS3) actual earnings were $0.59 per share, which beat analysts' earnings expectations of $0.38 per share by 55.79%. After releasing the results, BRF SA (BSP:BRFS3) was up by 4.72% in one day.
BRF SA (BSP:BRFS3, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 8 analysts, the average target price for BRF SA (BSP:BRFS3) is $25.66 with a high estimate of $32 and a low estimate of $19. The average target implies an upside of 2.77% from the current price of $24.97.
Based on GuruFocus estimates, the estimated GF Value for BRF SA (BSP:BRFS3, Financial) in one year is $9.83, suggesting a downside of -60.63% from the current price of $24.97.
Based on the consensus recommendation from 10 brokerage firms, BRF SA's (BSP:BRFS3, Financial) average brokerage recommendation is currently 2.9, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
