Investing.com - BRF reported on Monday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
BRF announced earnings per share of 0.03 on revenue of 1.74B. Analysts polled by Investing.com anticipated EPS of 0.03 on revenue of 1.75B.
BRF shares are down 58.16% from the beginning of the year and are trading at 3.64 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
BRF follows other major Consumer/Non-Cyclical sector earnings this month
BRF's report follows an earnings beat by Procter&Gamble on Tuesday, October 20, 2020, who reported EPS of 1.63 on revenue of 19.32B, compared to forecasts EPS of 1.42 on revenue of 18.38B.
Coca-Cola had beat expectations on Thursday, October 22, 2020 with third quarter EPS of 0.55 on revenue of 8.7B, compared to forecast for EPS of 0.46 on revenue of 8.36B.
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