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Cresud - CRESY STOCK NEWS

Welcome to our dedicated news page for Cresud (Ticker: CRESY), a resource for investors and traders seeking the latest updates and insights on Cresud.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cresud's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cresud's position in the market.

Rhea-AI Summary
Cresud S.A.C.I.F. y A. announces strong financial results for the second quarter of fiscal year 2024, with a net result of ARS 122,205 million, a 45.1% increase in adjusted EBITDA, and a 39.3% increase in agricultural segment EBITDA. The company also reported better weather conditions in the region, higher farmland sales, and a positive outlook for the 2024 campaign.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
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Rhea-AI Summary
Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES) announces its first quarter FY 2024 results, reporting a significant increase in net result and adjusted EBITDA, improved weather conditions for the 2024 campaign, and the approval of a cash dividend and in-kind distribution of IRSA shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
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Rhea-AI Summary
Cresud S.A.C.I.F. y A. distributes dividend in Argentina but faces restrictions for ADS holders
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End-of-Day
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dividends
Rhea-AI Summary
Cresud announces FY 2023 results with a profit of ARS 75,287 million, down 44.6% from the previous year. Operating result decreased by 83.2% due to lower productive results. Sold 4 fractions of farms for USD 122 million. Acquired 'Los Sauces' farm for USD 4.5 million. Issued debt for USD 196.3 million. Shareholders' Meeting called to distribute dividend of up to ARS 22,000 million in cash and 24,334,124 IRSA shares. Financial highlights show decrease in gross profit and profit from operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.16%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.52%
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Rhea-AI Sentiment
End-of-Day
2.12%
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Rhea-AI Sentiment
End-of-Day
-5.85%
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Rhea-AI Sentiment
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-3.88%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.3%
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Cresud

Nasdaq:CRESY

CRESY Rankings

CRESY Stock Data

686.54M
40.99M
13.95%
0.86%
All Other Miscellaneous Crop Farming
Agriculture, Forestry, Fishing and Hunting
Link
Argentina
Buenos Aires

About CRESY

Cresud SACIF y A is an agricultural company, producing grains, sugar cane, meat, and milk, as well as focusing on acquisition, development, and exploitation of agricultural properties for rental, shopping centers, and hotels.