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BRF (BRFS) Falls More Steeply Than Broader Market: What Investors Need to Know
BRFBRF(US:BRFS) ZACKS·2024-10-03 23:05

Group 1 - BRF's stock closed at $4.33, down 1.81% from the previous day, underperforming the S&P 500's loss of 0.17% [1] - Over the past month, BRF shares declined by 2.43%, compared to a 0.25% loss in the Consumer Staples sector and a 1.25% gain in the S&P 500 [1] Group 2 - The upcoming earnings disclosure for BRF is anticipated, with projected earnings per share (EPS) of $0.13, representing a 360% increase year-over-year [2] - Revenue is expected to reach $2.9 billion, indicating a 2.56% increase from the same quarter last year [2] Group 3 - Full-year Zacks Consensus Estimates predict earnings of $0.47 per share and revenue of $11.1 billion, reflecting year-over-year changes of +256.67% and +14.74% respectively [3] Group 4 - Recent revisions to analyst forecasts for BRF are important as they indicate evolving short-term business trends, with positive revisions suggesting optimism about the company's outlook [4] Group 5 - The Zacks Rank system, which assesses estimated changes, currently ranks BRF as 1 (Strong Buy), with a consensus EPS projection that has increased by 9.3% in the past 30 days [6] - BRF's Forward P/E ratio is 9.38, which is a discount compared to the industry's average Forward P/E of 18.02 [6] Group 6 - BRF has a PEG ratio of 0.25, significantly lower than the Food - Miscellaneous industry's average PEG ratio of 2.81 [7] - The Food - Miscellaneous industry is part of the Consumer Staples sector, which holds a Zacks Industry Rank of 87, placing it in the top 35% of over 250 industries [7][8]