BRFS - BRF S.A.

NYSE - NYSE Delayed Price. Currency in USD
6.10
-0.18 (-2.87%)
At close: 4:01PM EDT
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Previous Close6.28
Open6.22
Bid5.50 x 21500
Ask0.00 x 27000
Day's Range6.03 - 6.25
52 Week Range5.70 - 15.50
Volume2,362,889
Avg. Volume3,456,573
Market Cap4.74B
Beta0.73
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2016-07-13
1y Target EstN/A
Trade prices are not sourced from all markets
  • Brazil’s Biggest Pension Fund Turns Into a $50 Billion Activist
    Bloomberg6 days ago

    Brazil’s Biggest Pension Fund Turns Into a $50 Billion Activist

    Previ, Brazil’s biggest pension fund, sent a letter in February demanding BRF Chairman Abilio Diniz convene a shareholder meeting to remove the entire board, including himself. After a two-month fight, Previ got its way: Investors voted in five new directors and replaced Diniz with Pedro Parente, who’s credited with turning around the country’s state-owned oil company, Petroleo Brasileiro SA. “BRF kept showing successive results that were a concern for us as shareholders,” Gueitiro Matsuo Genso, Previ’s chief executive officer, said in an interview in Sao Paulo.

  • Thomson Reuters StreetEvents13 days ago

    Edited Transcript of BRFS3.SA earnings conference call or presentation 11-May-18 1:00pm GMT

    Q1 2018 BRF SA Earnings Call

  • Reuters16 days ago

    Brazil's BRF results hit by feed costs, trade bans; shares drop

    Rising grain prices and trade bans in key markets have stymied management efforts to put BRF SA in the black, Chief Executive Officer Lorival Nogueira Luz said on Friday, as the food company failed to turn a profit for the second quarter in a row. Managers said animal feed prices rose further in the second quarter, boosting production costs for the world's largest chicken exporter. "This should continue to impact our production costs in the second quarter," he said .

  • Reuters16 days ago

    Brazil's BRF faces headwinds amid high feed costs, trade bans

    The price of animal feed continued to rise in the second quarter, which increased production costs for Brazil's BRF SA, Chief Executive Lorival Luz said on Friday during a discussion of the food company's ...

  • Associated Press16 days ago

    BRF: 1Q Earnings Snapshot

    The Sao Paulo-based company said it had a loss of 5 cents per share. The chicken, beef and pork producer posted revenue of $1.82 billion in the period. BRF shares have fallen 39 percent since the beginning ...

  • Reuters17 days ago

    Brazil's BRF loses $32 mln in Q1, misses consensus

    Brazilian food company BRF SA on Thursday reported its second consecutive quarterly loss as the firm reels from a food safety scandal that prompted trade bans and led it to reduce production capacity at five plants. BRF said it lost 114 million reais ($32 million) last quarter, missing a consensus estimate for net income of 14.99 million reais. BRF, Brazil's largest chicken processor, also missed a consensus estimate for earnings before interest, tax, depreciation and amortization, a gauge of operating profit, which came in at 783 million reais, some 7 percent below forecast.

  • Reuterslast month

    Brazil's BRF board given leeway as shareholder rift subsides

    The top shareholders of BRF SA said on Friday they will give the food company's new board leeway to kick off a turnaround after two years of net losses partially caused by a food safety scandal and mismanagement of feed inventory. Pension funds Previ and Petros, which own a combined 22 percent of the food processor, also said completion of the board overhaul this week ended a long boardroom battle waged by shareholders with dissenting views on how to rescue the company from its self-inflicted problems.

  • Reuterslast month

    Petros, Previ give BRF's board leeway to start turnaround

    Pension funds Petros and Previ, which proposed the overhaul of the board of Brazilian food company BRF SA after problems including its involvement in a food safety scandal, vowed not to interfere with ...

  • Reuterslast month

    Brazil's BRF board, management not to blame for difficulties, says Diniz

    Abilio Diniz, who owns 4 percent of food processor BRF SA, said the company's involvement in a food safety probe and mismanagement of feed inventories that led to billions in losses cannot be blamed on the firm's board or managers. "The difficulties faced by the firm would have occurred with any board and with any management," Diniz said on a Friday conference call with journalists. It took place one day after he was replaced by Pedro Parente as chairman of the world's largest poultry exporter.

  • Reuterslast month

    Brazil's BRF shareholders confirm Parente as chairman in board overhaul

    Shareholders of Brazil's BRF SA elected Pedro Parente as chairman on Thursday, part of a broad board overhaul targeting a turnaround at the food company in the wake of a food safety probe that caused plant ...

  • Reuterslast month

    CEO of Brazil's BRF resigns; CFO to become interim head -filing

    The chief executive of Brazilian food processor BRF SA, José Aurélio Drummond Jr, has resigned, the company said in a securities filing on Monday. BRF, one of the world's largest poultry processors, said ...

  • Reuterslast month

    Brazil BRF board supports candidate list

    The board of Brazilian food company BRF SA has endorsed a list of 10 candidates ahead of a vote on a new set of directors, the company said on Friday, suggesting top shareholders have reached a consensus on its composition. Brazil's largest chicken processor said in a securities filing that the board is in favor of the election of the list of 10 candidates in case Aberdeen Asset Management PLC withdraws an application for the adoption of a cumulative vote system, under which candidates are elected individually. "For us this is a matter of principle - that boards are accountable to their shareholders.

  • Reuterslast month

    BRF shareholders with 1/3 stake agree on next board of directors

    Shareholders with a combined 32.8 percent stake in Brazilian food processor BRF SA (BRFS3.SA) have agreed to jointly vote for 10 new members of the board of directors, led by Pedro Parente as chairman, BRF said on Thursday in a filing. Parente, chief executive officer of state-run oil firm Petrobras (PETR4.SA), on Wednesday accepted the invitation of the group to become chairman of BRF, opening the way for a swift resolution to the troubled company's leadership dispute. BRF shareholders will vote on the election of new board members on April 26.

  • Reuterslast month

    EU to ban imports from 12 Brazil-based BRF plants -draft document

    The European Union intends to ban imports from 12 Brazilian plants operated by food processor BRF SA, which were previously authorized to export meat to the bloc, according to a draft document of the decision seen by Reuters on Thursday. It was not immediately clear whether the draft document was amended after a committee of the European Commission discussed the matter. European Union states unanimously voted on Thursday to ban imports of the Brazilian meat products, mostly poultry, but the EC declined to reveal the names of the companies affected until the decision is formally implemented.

  • Reuterslast month

    Brazil's ABPA says 12 BRF plants affected by EU poultry ban

    A Brazilian trade group said 12 plants operated by food company BRF SA have been targeted by a European Union ban on poultry imports from the South American country. Ricardo Santin, vice president of markets ...

  • Reuterslast month

    EMERGING MARKETS-Latam currencies fall on technical correction, political jitters

    Latin American currencies fell against the dollar on Thursday, with the Mexican peso and Brazilian real posting the strongest falls, as traders took advantage of an opportunity to make a technical correction ...

  • Reuterslast month

    BRF Chairman Diniz invites Petrobras CEO Parente to replace him

    Abilio Diniz, the current chairman of Brazilian food processor BRF SA, has invited Pedro Parente to replace him, Diniz's investment firm Península Participações said in a statement late on Wednesday. Parente ...

  • Petrobras Star CEO Comes to the Rescue of Brazil Food Giant
    Bloomberglast month

    Petrobras Star CEO Comes to the Rescue of Brazil Food Giant

    Pedro Parente, lauded for turning around Brazil’s state-oil giant Petrobras SA, agreed to become chairman of struggling food conglomerate BRF SA, a breakthrough that may end several weeks of fighting among shareholders over who will sit on its board. The 65-year-old chief executive officer, who was previously a government minister and top manager at crop trader Bunge Ltd., has been brought in by BRF’s current chairman, billionaire Abilio Diniz, in an attempt to pull the company out of an unprecedented crisis. Pension funds Previ and Petros, which together own about 22 percent of BRF, have been trying to oust Diniz and replace the entire board amid mounting losses and curbs on BRF’s meat exports following a food-safety scandal.

  • Why BRF S.A. Stock Just Popped 10%
    Motley Foollast month

    Why BRF S.A. Stock Just Popped 10%

    For the time being at least, BRF is cleared of "food safety concerns" and able to produce more chicken.

  • Reuterslast month

    Brazil lifts embargo on some BRF plants ahead of potential EU ban

    Brazil's largest chicken processor BRF SA (BRFS3.SA) has been allowed to resume production at nine plants that export to the European Union, the Ministry of Agriculture said on Wednesday, a day before a potential EU ban related to a food safety scandal. Later in the day shares soared almost 10 percent after a news outlet reported Pedro Parente, chief executive of oil company Petroleo Brasileiro SA (PETR4.SA), could be the food processor's next board chairman. The embargo had affected 10 production units, BRF said at the time.

  • Reuterslast month

    Brazil lifts embargo on some BRF plants ahead of potential EU ban

    Brazil's largest chicken processor BRF SA has been allowed to resume production at nine plants that export to the European Union, the Ministry of Agriculture said on Wednesday, a day before a potential EU ban related to a food safety scandal. Later in the day shares soared almost 10 percent after a news outlet reported Pedro Parente, chief executive of oil company Petroleo Brasileiro SA, could be the food processor's next board chairman. The embargo had affected 10 production units, BRF said at the time.

  • Reuterslast month

    EMERGING MARKETS-Fading trade war fears lift LatAm markets

    Fading fears of a global trade war sparked demand for emerging market assets on Wednesday, lifting Latin American stocks and currencies. After weeks of a hectic back-and-forth between China and the United ...

  • Reuterslast month

    Brazil lifts self-imposed embargo of certain BRF plants

    The Brazilian agriculture ministry will allow food company BRF SA, which was involved in a food safety scandal, to resume production at certain plants that export to the European Union, according to an ...

  • Reuterslast month

    Shareholder of Brazil's BRF says board battle hurting business

    A major shareholder in embattled food processor BRF SA said on Tuesday that a prolonged leadership struggle could damage plans for a turnaround as the company prepares to overhaul its board of directors later this month. Luiz Fernando Furlan, the 15th largest shareholder of BRF, in a conference call on Tuesday said the company needs a board that will work as a team.

  • Reuterslast month

    EU expected to block Brazil chicken exports - agriculture minister

    BRASÍLIA (Reuters) - The European Union is planning to block exports from nine BRF SA (BRFS3.SA) poultry plants to the trade bloc and may also revoke import credentials for other Brazilian chicken plants, Brazil's agriculture minister said on Tuesday. Minister Blairo Maggi said Brazil would launch an effort to appeal the ban before the World Trade Organization. "This issue of a trade war, we have seen the United States with 'America first' but there is also 'Europe first,'" Maggi said.