Adecoagro (AGRO) closed trading at $7.68, up 1.72% from the previous session, outperforming the S&P 500’s 1.56% gain. Heading into earnings, AGRO’s estimates project earnings of $0.35 per share and revenue of $1.35 billion, representing -82.67% and -11.27% changes year-over-year. The stock currently holds a Zacks Rank of #4 (Sell).
Investors are eyeing Adecoagro’s upcoming performance. Analysts predict earnings of $0.35 per share and revenue of $1.35 billion for the full year. Recent estimate revisions indicate a Zacks Rank of #4 (Sell) for AGRO. The stock’s valuation includes a Forward P/E ratio of 21.57, higher than the industry average of 15.23.
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Read more at Nasdaq: Adecoagro (AGRO) Exceeds Market Returns: Some Facts to Consider
