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Lavoro's stock drops 6.5% after earnings miss, but gets positive ratings from analysts.
Lavoro's stock fell 6.5% on Monday after reporting weaker-than-expected earnings, with earnings per share missing estimates by $0.38.
Despite the drop, some analysts remain optimistic: Barclays upgraded the stock to "overweight" with a $5.00 price target, and Oppenheimer set an "outperform" rating with a $7.00 target.
Lavoro, an agricultural inputs retailer, also reported a larger net loss and a 13% drop in revenue year-over-year.
The company revised its fiscal year 2025 outlook, projecting revenue between $6.50 billion and $7.50 billion.
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Las acciones de Lavoro caen 6.5% después de perder ganancias, pero recibe calificaciones positivas de los analistas.