Investing.com - BRF ADR reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
BRF ADR announced earnings per share of 0.06 on revenue of 2.05B. Analysts polled by Investing.com anticipated EPS of 0.0833 on revenue of 2.05B.
BRF ADR shares are down 0% from the beginning of the year, still down 35.29% from its 52 week high of 6.63 set on February 26, 2020. They are under-performing the Euro Stoxx 50 which is up 2.82% from the start of the year.
BRF ADR follows other major Consumer/Non-Cyclical sector earnings this month
BRF ADR's report follows an earnings beat by Coca-Cola on February 10, who reported EPS of 0.47 on revenue of 8.6B, compared to forecasts EPS of 0.4184 on revenue of 8.6B.
PepsiCo had beat expectations on February 11 with fourth quarter EPS of 1.47 on revenue of 22.46B, compared to forecast for EPS of 1.46 on revenue of 21.8B.
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