Investing.com - BRF ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BRF ADR announced earnings per share of 0.011 on revenue of 2.64B. Analysts polled by Investing.com anticipated EPS of -0.0078 on revenue of 2.49B.
BRF ADR shares are down 18.09% from the beginning of the year and are trading at 3.350 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
BRF ADR follows other major Consumer Staples sector earnings this month
BRF ADR's report follows an earnings missed by Procter&Gamble on Friday, July 29, 2022, who reported EPS of 1.21 on revenue of 19.52B, compared to forecasts EPS of 1.22 on revenue of 19.4B.
Nestle ADR had matched expectations on Thursday, July 28, 2022 with second quarter EPS of 2.18 on revenue of 24.41B, compared to forecast for EPS of 2.18 on revenue of 23.59B.
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