A Sneak Peek At BRF S.A. ($BRFS) 2Q20 Earnings

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BRF S.A. (NYSE:BRFS) is expected to report second quarter earnings results, after market close, on Wednesday 12th August 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.09 per share.

Looking ahead, the full year income are expected at $ 0.10 per share on the revenues of $ 7210.40 million.

Previous Quarter Performance

BRF S.A. came out with loss for the first quarter of $ 0.01 per share, from the revenue of $ 2,022.00 million. The quarterly earnings compared with the same quarter last year. The consensus estimates are $ 1716.84 million in revenue The bottom line results street analysts by $ 0.14 or , at the same time, top line results outshined analysts by $ 305.16 million or 17.77 percent.

Historical Earnings Performance
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Stock Performance

According to the previous trading day, closing price of BRFS was $ 4.17, representing a 83.70 % increase from the 52 week low of $ 2.27 and a 57.92 % decrease over the 52 week high of $ 9.91.

The company has a market capital of $ 3.37 billion and is part of the Consumer Defensive sector and Packaged Foods industry.

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BRF S.A. focuses on raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, frozen vegetables, and soybean by-products. Its product portfolio comprises whole chickens and frozen cuts of chicken, turkey, and pork; ham products, bologna, sausages, frankfurters, and other smoked products; hamburgers, breaded meat products, and meatballs; lasagnas, pizzas, cheese breads, pies, and frozen vegetables; margarine; and soy meal and refined soy flour, as well as animal feed.