# Earnings call transcript: Três Tentos posts mixed Q3 2026 results as revenue beats

> Brazilian grain trader and agribusiness company Três Tentos reported mixed third-quarter 2026 results, with revenue up 17% year over year and beating estimates while EPS missed. Management cited logistics costs and a heavier low-margin grain-trading mix as pressure on profitability, and said its new ethanol plant reached nominal capacity.

- Date: 2026-11-13 · published 2026-11-13T18:15:50.110Z
- Category: report · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/98172-earnings-call-transcript-tres-tentos-posts-mixed-q3-2026-results-as-revenue
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Ethanol](https://feedsoft.ai/c/ETHANOL.md)

## Why it matters

Higher logistics costs and thinner grain-trading margins signal pressure on handling and trading margins, with limited direct effect on grain prices; the new ethanol capacity adds modest local corn-to-fuel demand.

## Read by commodity

- CORN: neutral
- ETHANOL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-05-07 | [Alto (ALTO) Q1 2026 Earnings Call Transcript \| The Motley Fool](https://feedsoft.ai/events/19241-alto-alto-q1-2026-earnings-call-transcript-the-motley-fool.md) | +3.3% | -2.4% |
| CORN | 2019-12-06 | [Grain Journal \| Mixed Results For Corn and Soybean Transportation…](https://feedsoft.ai/events/55475-grain-journal-mixed-results-for-corn-and-soybean-transportation.md) | -2.3% | +1.5% |
| CORN | 2026-02-17 | [The Andersons, Inc. Reports Fourth Quarter and Full Year Results - Feb 17, 2026](https://feedsoft.ai/events/20572-the-andersons-inc-reports-fourth-quarter-and-full-year-results-feb-17-2026.md) | -1.0% | +4.5% |
| CORN | 2024-10-01 | [Cal-Maine Foods Reports Results  for First Quarter Fiscal 2025](https://feedsoft.ai/events/27872-cal-maine-foods-reports-results-for-first-quarter-fiscal-2025.md) | +0.2% | -2.4% |
| CORN | 2019-11-07 | [Pacific Ethanol Reports Third Quarter 2019 Results](https://feedsoft.ai/events/56052-pacific-ethanol-reports-third-quarter-2019-results.md) | -0.6% | -1.0% |

## Sources

- ng.investing.com: https://ng.investing.com/news/stock-market-news/earnings-call-transcript-tres-tentos-posts-mixed-q3-2026-results-as-revenue-beats-93CH-2806980

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