** Jefferies says Elders' ELD.AX yearly earnings were in line with the brokerage's estimates, although it missed street consensus

** Aussie agribusiness firm posted yearly net profit after tax (NPAT) of A$45.1 mln ($29.33 mln) for fiscal 2024, a 55% decline vs A$100.8 mln last year

** Brokerage Citi says FY results a mixed bag as EBIT lands in the lower half guidance range

** Says upbeat on co's plans to acquire local firm Delta Agribusiness Pty for enterprise value of A$475 mln, to be funded by equity raise of A$246 mln

** Jefferies cuts ELD's earnings margins by 53 basis points (bp), 21 bp and 7 bp for fiscals 2025, 2026 and 2027, respectively

** Maintains "hold" rating but trims price target to A$7.9, down 9%

** ELD down 14.9% YTD as of last close, outperforming a 6% rise on the ASX Agribusiness index .AXAG

($1 = 1.5375 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com))