Lavoro Reports Fiscal Fourth Quarter 2024 Earnings Results¹
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2024
0mins
Source: Newsfilter
Financial Performance Overview: Lavoro Limited reported a revenue increase of 5% to $1.89 billion in FY2024, but faced significant net losses of $154.6 million due to declining gross profit and rising finance costs, with adjusted EBITDA falling sharply to $53.4 million.
Segment Insights and Future Outlook: The Crop Care segment performed well with a 24% revenue rise, while the Brazil Ag Retail segment struggled with a 2% revenue decline; looking ahead, Lavoro anticipates a challenging market environment for agriculture in FY2025, projecting a mixed outlook for farmer profitability and input prices.
Analyst Views on LVROW
Wall Street analysts forecast LVROW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LVROW is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
