Federal Agricultural Q2 EPS $3.86 Beats $3.10 Estimate
Portfolio Pulse from Benzinga Newsdesk
Federal Agricultural (NYSE:AGM) reported Q2 earnings of $3.86 per share, beating the analyst consensus estimate of $3.10 by 24.52%. This represents a 36.4% increase over earnings of $2.83 per share from the same period last year.
August 07, 2023 | 12:01 pm
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Federal Agricultural's Q2 earnings beat estimates by 24.52%, marking a 36.4% YoY increase.
Federal Agricultural reported a significant beat on its Q2 earnings, exceeding analyst estimates by 24.52%. This positive earnings report, which also shows a substantial YoY increase, is likely to boost investor confidence and could lead to a short-term increase in the company's stock price.
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