Recap: Federal Agricultural Q1 Earnings - Federal Agricultural (NYSE:AGM)

Federal Agricultural 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.

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.

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.