Bioceres Crop Solutions Full Year 2024 Earnings: Misses Expectations

Bioceres Crop Solutions (NASDAQ:BIOX) Full Year 2024 Results

Key Financial Results

• Revenue: US$464.8m (up 11% from FY 2023).
• Net income: US$3.24m (down 83% from FY 2023).
• Profit margin: 0.7% (down from 4.5% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.052 (down from US$0.30 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bioceres Crop Solutions Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 83%.

Looking ahead, revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in the US.

Performance of the American Chemicals industry.

The company's shares are down 2.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Bioceres Crop Solutions (1 is a bit concerning!) that you should be aware of.

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