BRF Past Earnings Performance

Past criteria checks 2/6

BRF's earnings have been declining at an average annual rate of -29.7%, while the Food industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 11.3% per year. BRF's return on equity is 20.3%, and it has net margins of 5.6%.

Key information

-29.7%

Earnings growth rate

-38.2%

EPS growth rate

Food Industry Growth26.9%
Revenue growth rate11.3%
Return on equity20.3%
Net Margin5.6%
Next Earnings Update26 Feb 2025

Recent past performance updates

We Think BRF's (BVMF:BRFS3) Robust Earnings Are Conservative

Nov 21
We Think BRF's (BVMF:BRFS3) Robust Earnings Are Conservative

Recent updates

Some Shareholders Feeling Restless Over BRF S.A.'s (BVMF:BRFS3) P/S Ratio

Dec 08
Some Shareholders Feeling Restless Over BRF S.A.'s (BVMF:BRFS3) P/S Ratio

We Think BRF's (BVMF:BRFS3) Robust Earnings Are Conservative

Nov 21
We Think BRF's (BVMF:BRFS3) Robust Earnings Are Conservative

BRF (BVMF:BRFS3) Has A Pretty Healthy Balance Sheet

Nov 02
BRF (BVMF:BRFS3) Has A Pretty Healthy Balance Sheet

These 4 Measures Indicate That BRF (BVMF:BRFS3) Is Using Debt Extensively

Jul 12
These 4 Measures Indicate That BRF (BVMF:BRFS3) Is Using Debt Extensively

Investors Appear Satisfied With BRF S.A.'s (BVMF:BRFS3) Prospects

Jun 21
Investors Appear Satisfied With BRF S.A.'s (BVMF:BRFS3) Prospects

Earnings Beat: BRF S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

May 09
Earnings Beat: BRF S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

BRF (BVMF:BRFS3) Has A Somewhat Strained Balance Sheet

Mar 27
BRF (BVMF:BRFS3) Has A Somewhat Strained Balance Sheet

BRF S.A. (BVMF:BRFS3) Annual Results: Here's What Analysts Are Forecasting For This Year

Feb 29
BRF S.A. (BVMF:BRFS3) Annual Results: Here's What Analysts Are Forecasting For This Year

A Piece Of The Puzzle Missing From BRF S.A.'s (BVMF:BRFS3) Share Price

Feb 23
A Piece Of The Puzzle Missing From BRF S.A.'s (BVMF:BRFS3) Share Price

Revenue & Expenses Breakdown

How BRF makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BOVESPA:BRFS3 Revenue, expenses and earnings (BRL Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2458,2563,2698,8440
30 Jun 2456,5401,8578,6630
31 Mar 2453,815-4908,3650
31 Dec 2353,615-2,0298,2980
30 Sep 2353,958-3,6928,1080
30 Jun 2354,208-3,4288,1310
31 Mar 2354,942-2,6128,0720
31 Dec 2253,805-3,1157,7720
30 Sep 2252,761-1,2507,5410
30 Jun 2251,095-1,4037,2300
31 Mar 2249,793-1,0637,0290
31 Dec 2148,3434996,9110
30 Sep 2146,0934556,8580
30 Jun 2143,6469476,6690
31 Mar 2141,1131,4546,4790
31 Dec 2039,4701,3846,4090
30 Sep 2037,2861,1666,0990
30 Jun 2035,8031,3845,8460
31 Mar 2035,0371,2685,7790
31 Dec 1933,4471,2025,6010
30 Sep 1932,4468345,4220
30 Jun 1931,788-4475,3860
31 Mar 1930,517-2,0835,2560
31 Dec 1830,188-2,1155,1110
30 Sep 1825,645-3,0864,6100
30 Jun 1826,575-2,1104,6460
31 Mar 1827,535-8304,6580
31 Dec 1728,314-9674,7390
30 Sep 1733,159-7795,2090
30 Jun 1732,934-8915,3040
31 Mar 1733,422-6935,4170
31 Dec 1633,733-3725,5430
30 Sep 1634,0971,5035,6230
30 Jun 1633,8712,1725,6310
31 Mar 1633,2692,5065,5180
31 Dec 1532,1972,9285,3710
30 Sep 1531,2892,5045,1610
30 Jun 1530,2462,3894,8710
31 Mar 1529,3492,2744,7360
31 Dec 1429,0072,1354,6190
30 Sep 1426,4351,3054,2890
30 Jun 1426,7751,0204,4590
31 Mar 1427,2859804,5850
31 Dec 1327,7871,0154,5680

Quality Earnings: BRFS3 has high quality earnings.

Growing Profit Margin: BRFS3 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BRFS3's earnings have declined by 29.7% per year over the past 5 years.

Accelerating Growth: BRFS3 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BRFS3 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (27%).


Return on Equity

High ROE: Whilst BRFS3's Return on Equity (20.27%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:02
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

BRF S.A. is covered by 34 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin TheurerBarclays
Gabriel Vaz de LimaBarclays
Georgia JorgeBB Banco de Investimento S.A.