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Stock impact report

Brazil's BRF loses 114 mln reais in Q1, misses consensus [Reuters]

BRF S.A. (BRFS) 
Last brf s.a. earnings: 11/11 04:01 pm Check Earnings Report
US:NYSE Investor Relations: ir.brf-global.com
Company Research Source: Reuters
Brazil's BRF loses 114 mln reais in Q1, misses consensus | Reuters Reuters Staff 1 Min Read SAO PAULO, May 10 (Reuters) - Brazilian food company BRF SA on Thursday reported a first-quarter net loss of 114 million reais ($32.11 million), missing a consensus estimate for net income of 14.99 million reais, as the company continued to reel from fallout from a food safety scandal that prompted trade bans and led it to reduce production capacity. BRF, Brazil’s largest chicken processor, also missed a consensus estimate for earnings before interest, tax, depreciation and amortization, a gauge of operating profit, which came in at 783 million reais, some 7 percent below forecast. ($1 = 3.5506 reais) (Reporting by Ana Mano Editing by Leslie Adler) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. Show less Read more
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