Logos of Brazilian meatpacker BRF SA are seen in the headquarters in Curitiba, Brazil October 1, 2019.
BRF reported a 262 million real ($53.37 million) net loss in the third quarter, larger than the 136.7 million loss a year ago but slightly better than an LSEG consensus forecast of a 279 million real loss.
Despite the hit, BRF said improvements in the company's operating performance were already showing results.
BRF also said net revenue was 13.8 billion reais in the quarter, nearly the same as in the year-ago period.
BRF said EBITDA came in at 1.2 billion reais ($244.45 million), slightly above LSEG consensus estimates of 1.17 billion reais.
Persons:
Rodolfo Buhrer, BRF, Miguel Gularte, EBITDA, Ana Mano, Kylie Madry
Organizations:
meatpacker BRF, REUTERS, SAO PAULO, BRF SA, Management, JBS SA, Thomson
Locations:
Curitiba, Brazil, U.S