Cresud S.A.C.I.F. y A. 11/8/2024 Earnings Report

Cresud S.A.C.I.F. y A. EPS Results

• Actual EPS: -$0.71
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Cresud S.A.C.I.F. y A. Revenue Results

• Actual Revenue: $240.86 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Cresud S.A.C.I.F. y A. Announcement Details

• Date: 11/8/2024
• Time: Before Market Opens
• Conference Call Date: N/A
• Conference Call Time: N/A

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) (NASDAQ:CRESY) is an Argentina-based company primarily engaged in agribusiness and real estate activities. Headquartered in Buenos Aires, Cresud operates through a network of subsidiaries focused on crop production, livestock breeding and sustainability initiatives. The company’s agricultural arm cultivates major row crops such as soybeans, corn and wheat, and maintains a sizeable cattle herd across its extensive landholdings.

In its farming operations, Cresud emphasizes soil management, water resource optimization and technological integration. The company owns and leases thousands of hectares of prime agricultural land in key producing regions of Argentina, and it holds additional farming assets in neighboring Brazil and Paraguay. Cresud also markets seeds, fertilizers and crop-protection products through its distribution channels, targeting both large-scale producers and emerging farmers.

On the real estate front, Cresud maintains a strategic investment portfolio that spans commercial, residential and mixed-use developments. Through its stake in leading property firms, Cresud participates in the development and management of shopping centers, office towers and urban housing projects, primarily within Argentina’s major metropolitan areas.

Founded in 1946, Cresud has established itself as one of Latin America’s largest landowners and agribusiness platforms. The company’s diversified model—blending crop and livestock production with real estate investment—positions it to benefit from both global food demand trends and domestic urban development. Cresud’s management team brings decades of experience in agriculture, real estate development and corporate governance, reinforcing its commitment to operational efficiency and long-term value creation.