Investing.com - BRF ADR reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BRF ADR announced earnings per share of 0.03 on revenue of 1.92B. Analysts polled by Investing.com anticipated EPS of 0.025 on revenue of 1.91B.
BRF ADR shares are down 23% from the beginning of the year, still down 18.43% from its 52 week high of 4.83 set on June 9, 2020. They are under-performing the EUR/USD which is down 0% 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 Procter&Gamble on April 20, who reported EPS of 1.26 on revenue of 18.11B, compared to forecasts EPS of 1.19 on revenue of 17.96B.
Coca-Cola had beat expectations on April 19 with first quarter EPS of 0.55 on revenue of 9B, compared to forecast for EPS of 0.5039 on revenue of 8.68B.
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