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Adecoagro: 3Q Earnings Snapshot

LUXEMBOURG (AP) _ Adecoagro SA (AGRO) on Thursday reported third-quarter net income of $4.5 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Luxembourg-based company said it had net income of 4 cents. Earnings, adjusted for non-recurring costs, came to 12 cents per share.

The producer of agricultural products and renewable energy posted revenue of $178.7 million in the period.

Adecoagro shares have decreased 31 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.14, a decrease of 17 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGRO at https://www.zacks.com/ap/AGRO