We have compiled a summary of the results and outlook statements for our assessed peers of Ricegrowers Limited, trading as SunRice (ASX:SGLLV), with a particular focus on result drivers, outlook statements and resulting changes in FY24 consensus earnings estimates.
We also review the current rice market.
Most estimates were increased on the back of cost recovery from prior periods and improved seasonal factors, in particular a wetter-than-expected summer, with generally positive implications into FY25.
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