Federal Agricultural (NYSE:AGM) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Federal Agricultural beat estimated earnings by 24.04%, reporting an EPS of $3.56 versus an estimate of $2.87.
Revenue was up $19.98 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.25 which was followed by a 4.09% increase in the share price the next day.
Here’s a look at Federal Agricultural’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 2.91 | 2.90 | 2.59 | |
| EPS Actual | 3.16 | 3.07 | 2.83 | 2.37 |
| Revenue Estimate | 70.18M | 66.02M | 65.04M | 64.01M |
| Revenue Actual | 76.17M | 70.31M | 76.70M | 62.91M |
To track all earnings releases for Federal Agricultural visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
