How did AGRO's Q1 2024 EPS surprise impact its stock?

Adecoagro (AGRO) reported an EPS of $0.45 for Q1 2024, which was a surprise of $0.22, indicating that the actual EPS was significantly higher than the expected EPS. This positive EPS surprise likely had a positive impact on the stock price, as investors may have reacted favorably to the news of higher-than-expected earnings. The stock price closed at $11.02 on March 28, 2024, and had a last change of -6.05%, which suggests that the stock may have experienced some volatility in the period, but the positive EPS surprise could have helped to mitigate some of the negative effects of the decline.

|code|Ticker|Name|Date|Closing Price|Basic Earnings per Share|EPS Surprise|market_code|
|---|---|---|---|---|---|---|---|
|AGRO|AGRO.N|Adecoagro|20230403|8.19|||169|
|AGRO|AGRO.N|Adecoagro|20230404|8.05|||169|
|AGRO|AGRO.N|Adecoagro|20230405|7.9|||169|
|AGRO|AGRO.N|Adecoagro|20230406|7.92|||169|
|AGRO|AGRO.N|Adecoagro|20230410|8.04|||169|
|AGRO|AGRO.N|Adecoagro|20230411|8.58|||169|
|AGRO|AGRO.N|Adecoagro|20230412|8.94|||169|
|AGRO|AGRO.N|Adecoagro|20230413|8.9|||169|
|AGRO|AGRO.N|Adecoagro|20230414|8.98|||169|
|AGRO|AGRO.N|Adecoagro|20230417|8.56|||169|