JBS SA (JBSAY) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
JBS SA has announced its compliance with a directive from the Brazilian Securities and Exchange Commission (CVM) to disclose net revenue and Adjusted EBITDA projections for the fiscal year 2024. The company has updated its previously released figures, now projecting a net revenue of R$ 409,418 million (US$ 76,500 million) and an Adjusted EBITDA range between R$ 33,433 and R$ 36,233 million (US$ 6,250 and US$ 6,750 million). The estimates are based on JBS’s current performance and market conditions, although the company cautions investors that the food sector’s inherent volatility could lead to different actual results.
For further insights into JBSAY stock, check out TipRanks’ Stock Analysis page.