# Earnings call transcript: São Martinho posts Q2 2026 revenue beat, EPS miss

> Brazilian sugar and ethanol producer São Martinho reported fiscal Q2 2026/27 revenue of $1.75 billion, above expectations, while EPS of $0.0636 missed forecasts. The company said El Niño-related heavy rainfall disrupted cane quality and harvest timing, reducing total recoverable sugars and increasing unit costs.

- Date: 2026-11-10 · published 2026-11-11T00:23:05.593Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/92697-earnings-call-transcript-sao-martinho-posts-q2-2026-revenue-beat-eps-miss
- Commodities: [Ethanol](https://feedsoft.ai/c/ETHANOL.md)

## Why it matters

Lower cane recovery and production disruption can constrain sugar and ethanol output, supporting ethanol prices if supply tightens. The impact is limited to one producer, and the article gives no industry-wide production estimate.

## Read by commodity

- ETHANOL: bullish ▲

## Sources

- investing.com: https://www.investing.com/news/transcripts/earnings-call-transcript-sao-martinho-posts-q2-2026-revenue-beat-eps-miss-93CH-5016593

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.