Adecoagro SA reported Q1 2026 earnings with an EPS of -$0.24, missing forecasts by 216.85%. However, revenue beat expectations at $398.68M vs. $372.06M forecast, a 7.15% surprise.
Adjusted EBITDA more than doubled to $86M, driven by strong Fertilizer segment performance with $53M EBITDA. The company restructured into three segments: Sugar, Ethanol & Energy; Fertilizers; Food & Agriculture.
Shares fell 0.46% after hours to $13.07, with premarket losses of 0.84%. Six-month return stands at 68%.
Management expects further deleveraging and improved margins from new crops.
