Adecoagro: Q2 Earnings Snapshot
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LUXEMBOURG (AP) — LUXEMBOURG (AP) — Adecoagro SA (AGRO) on Thursday reported second-quarter profit of $46.3 million.
On a per-share basis, the Luxembourg-based company said it had net income of 43 cents. Earnings, adjusted for non-recurring gains, came to 40 cents per share.
The producer of agricultural products and renewable energy posted revenue of $402.9 million in the period.
Adecoagro shares have risen 14% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.42, an increase of 4% in the last 12 months.
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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
