Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Cresud Sociedad ( (CRESY) ) just unveiled an announcement.
Cresud reported a significant turnaround in its financial performance for the nine-month period ending March 31, 2025, with a net profit of ARS 57,895 million compared to a loss of ARS 39,987 million in the same period of 2024. The company benefited from favorable government measures, including reduced export duties and partial elimination of capital controls, which positively impacted grain prices. Additionally, Cresud’s agricultural operations saw improved rainfall and stable input costs, leading to an expected 23% increase in grain production. The company also executed strategic asset sales, including parts of its ‘Los Pozos’ and ‘Alto Taquari’ farms.
Spark’s Take on CRESY Stock
According to Spark, TipRanks’ AI Analyst, CRESY is a Neutral.
Cresud Sociedad’s overall stock score reflects significant financial challenges, including negative profitability and liquidity issues, which are key concerns. While technical analysis indicates some longer-term support, short-term indicators are mixed. The high dividend yield offers some compensation for risk, but negative earnings make valuation difficult. Addressing financial inefficiencies is critical for improving the stock’s outlook.
To see Spark’s full report on CRESY stock, click here.
More about Cresud Sociedad
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria is a company based in Argentina, primarily engaged in the agricultural sector. It focuses on the production of grains, cattle activity, and urban properties and investments through its subsidiary IRSA.
Average Trading Volume: 234,214
Technical Sentiment Signal: Buy
Current Market Cap: $687.1M
See more data about CRESY stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue