Adecoagro: Q3 Earnings Snapshot

Adecoagro: Q3 Earnings Snapshot

Adecoagro: Q3 Earnings Snapshot

LUXEMBOURG (AP) — LUXEMBOURG (AP) — Adecoagro SA (AGRO) on Tuesday reported third-quarter net income of $6.5 million.

The Luxembourg-based company said it had profit of 7 cents per share. Earnings, adjusted for non-recurring costs, were 26 cents per share.

The producer of agricultural products and renewable energy posted revenue of $304.2 million in the period.

Adecoagro shares have dropped 13% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.16, a decline of 28% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGRO at https://www.zacks.com/ap/AGRO

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