Lavoro Limited (LVRO) Reports Q3 Loss, Misses Revenue Estimates
Lavoro Lavoro (US:LVRO) ZACKS·2024-06-03 22:20

分组1 - Lavoro Limited reported a quarterly loss of $0.52 per share, significantly worse than the Zacks Consensus Estimate of $0.04, marking an earnings surprise of -1,400% [1] - The company's revenues for the quarter ended March 2024 were $514.23 million, missing the Zacks Consensus Estimate by 20.10%, and showing an increase from $486.41 million year-over-year [2] - Lavoro Limited has not surpassed consensus EPS estimates over the last four quarters, indicating ongoing challenges in financial performance [2] 分组2 - The stock has underperformed, losing approximately 30.6% since the beginning of the year, while the S&P 500 has gained 10.6% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.23 on revenues of $314.7 million, and for the current fiscal year, it is -$0.36 on revenues of $2.06 billion [7] - The Agriculture - Operations industry, to which Lavoro Limited belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, which may negatively impact stock performance [8]