Adecoagro (AGRO)
NYSE:AGRO
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Earnings Data
Report Date
Aug 13, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.76Last Year’s EPS
-0.17Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial momentum: consolidated adjusted EBITDA more than doubled, the fertilizer business delivered a strong recovery (higher volumes, pricing and margins) and the sugar & ethanol operations set a Q1 crushing record while maximizing ethanol production. Management highlighted full-capacity fertilizer operations post-turnaround, improved cost sourcing for gas, a clear deleveraging plan and continued liquidity. Offsetting factors include weaker sugar/food commodity prices, a ~20% decline in ethanol prices since the season start, front-loaded agricultural costs and elevated post-acquisition leverage (3.2x pro forma) that the company expects to reduce toward ~2.0x by year-end. On balance, positive operational improvements and strong fertilizer tailwinds outweigh the short-term price and cost headwinds.Company Guidance
Strong consolidated profitability
Adjusted EBITDA of $86 million in Q1 2026, more than doubling year-over-year (>100% YoY), reflecting diversification and improved earnings potential across the new three-segment structure.
Revenue growth
Gross sales of $394 million in Q1 2026, up 22% year-over-year, driven primarily by fertilizers and higher ethanol and energy prices.
Fertilizer business recovery and strength
Fertilizer sales rose 68% YoY in the quarter, supported by a 16% increase in urea prices; fertilizer adjusted EBITDA reached $53 million. Plant downtime fell from 19 days in 2025 to 10 days in the quarter and the plant is operating at full capacity after a major maintenance turnaround. Lower natural gas sourcing costs and contractual flexibility supported margins.
Record sugarcane crushing and ethanol focus
New Q1 crushing record of 2.2 million tons of cane, a 49% YoY increase. Product mix reached ~96% ethanol during the quarter and mills demonstrated the flexibility to produce almost 100% ethanol, supporting superior margins. Sugar, ethanol & energy adjusted EBITDA was $41 million.
Operational momentum in food & agriculture and dairy
More than half of planted area harvested for the 2025/26 campaign with over 700 thousand tons collected; dairy processing volumes increased year-over-year driven by higher raw milk production and planned product launches. Management expects margins to improve as the new crop is commercialized and cost initiatives take effect.
Capital structure and liquidity measures
Completed Profertil acquisition financing ($1.1 billion: $400M cash, $400M long-term debt, $300M equity). Net debt of $1.6 billion in Q1 (seasonal working capital effect); pro forma net leverage at 3.2x with management targeting ~2.0x net leverage potentially by the end of the year. Company reports strong liquidity and most debt is long-term and currency-matched to revenues.
Shareholder returns
Board approved a $35 million cash dividend, with $17.5 million payable on May 19 and the second $17.5 million installment payable in November.
AGRO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AGRO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $13.49 | $13.07 | -3.11% |
Mar 16, 2026 | $10.80 | $12.34 | +14.23% |
Nov 11, 2025 | $8.09 | $7.83 | -3.18% |
Aug 18, 2025 | $8.92 | $8.08 | -9.45% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Adecoagro (AGRO) report earnings?
Adecoagro (AGRO) is schdueled to report earning on Aug 13, 2026, After Close (Confirmed).
What is Adecoagro (AGRO) earnings time?
Adecoagro (AGRO) earnings time is at Aug 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AGRO EPS forecast?
AGRO EPS forecast for the fiscal quarter 2026 (Q2) is 0.76.