Earnings Alerts

BRF SA (BRFS3) Earnings: 2Q Net Income Falls Short of Estimates Despite Revenue Beat

  • BRF’s net income for the second quarter is reported at R$735 million, falling short of the estimated R$757.8 million.
  • The company’s revenue for the same period stands at R$15.4 billion, surpassing the project’s estimate of R$15.25 billion.
  • The ratio of net debt to EBITDA is calculated at 0.43 times.

A look at BRF SA Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

BRF SA, a prominent food processor known for its brands like Sadia and Perdigao, has a mixed outlook based on Smartkarma Smart Scores. While the company scores high in Growth, indicating promising potential for expansion and development, its Value score is moderate. This suggests that there may be room for improvement in terms of the company’s current valuation. Additionally, with moderate scores for Dividend, Resilience, and Momentum, BRF SA is showing stability in its dividend payments, resilience in the face of challenges, and steady momentum in its performance.

Overall, BRF SA‘s profile as a food processor with a diverse product portfolio across various global markets positions it well for long-term growth. Despite some areas where improvement could be made, the company’s strong Growth score highlights its potential for future success and expansion in the food industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars