Adecoagro S.A. (AGRO) Expected to Announce Earnings of $0.18 Per Share

Analysts expect that Adecoagro S.A. (NYSE:AGRO) will post earnings of $0.18 per share for the current quarter, according to Zacks. Zero analysts have provided estimates for Adecoagro’s earnings. Adecoagro reported earnings of $0.10 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 80%. The business is scheduled to issue its next earnings report on Thursday, March 15th.

On average, analysts expect that Adecoagro will report full-year earnings of $0.32 per share for the current fiscal year, with EPS estimates ranging from $0.23 to $0.40. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.51 per share, with EPS estimates ranging from $0.31 to $0.70. Zacks’ earnings per share averages are an average based on a survey of analysts that that provide coverage for Adecoagro.

Adecoagro (NYSE:AGRO) last announced its quarterly earnings data on Monday, November 13th. The company reported ($0.03) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.13). The company had revenue of $262.99 million during the quarter. Adecoagro had a net margin of 1.78% and a return on equity of 2.58%.

Several equities analysts have recently weighed in on the company. BidaskClub upgraded Adecoagro from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd. TheStreet cut Adecoagro from a “c” rating to a “d+” rating in a report on Wednesday, November 15th.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Gotham Asset Management LLC bought a new position in shares of Adecoagro in the 2nd quarter valued at about $127,000. HighTower Advisors LLC acquired a new stake in Adecoagro in the 2nd quarter valued at about $129,000. Wells Fargo & Company MN lifted its stake in Adecoagro by 1,516.5% in the 3rd quarter. Wells Fargo & Company MN now owns 13,045 shares of the company’s stock valued at $141,000 after purchasing an additional 12,238 shares during the last quarter. KCG Holdings Inc. acquired a new stake in Adecoagro in the 1st quarter valued at about $151,000. Finally, Yorktown Management & Research Co Inc lifted its stake in Adecoagro by 40.0% in the 2nd quarter. Yorktown Management & Research Co Inc now owns 17,500 shares of the company’s stock valued at $175,000 after purchasing an additional 5,000 shares during the last quarter. Institutional investors own 43.33% of the company’s stock.

Adecoagro (AGRO) opened at $9.79 on Friday. The firm has a market capitalization of $1,188.50, a PE ratio of 69.93 and a beta of 1.04. The company has a quick ratio of 2.40, a current ratio of 3.28 and a debt-to-equity ratio of 1.34. Adecoagro has a 1-year low of $8.33 and a 1-year high of $13.29.

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Adecoagro Company Profile

Adecoagro SA is a holding company. The Company is involved in a range of businesses, including farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production and land transformation. The Company is organized into three main lines of business: farming; land transformation, and sugar, ethanol and energy.

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