Federal Agricultural Mortgage (NYSE:AGM) announced its quarterly earnings, reporting an EPS of $3.66, missing analyst expectations of $4.50 by $0.84. Revenue also fell short at $101.39 million against an anticipated $107.45 million. Following the announcement, the stock dipped, trading at $174.59 with a market capitalization of $1.9 billion, while analysts maintain a “Moderate Buy” rating with an average price target of $219.00.
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Federal Agricultural Mortgage (NYSE:AGM) Posts Earnings Results, Misses Expectations By $0.84 EPS
Federal Agricultural Mortgage (NYSE:AGM) announced its quarterly earnings, reporting an EPS of $3.66, missing analyst expectations of $4.50 by $0.84. Revenue also fell short at $101.39 million against an anticipated $107.45 million. Following the announcement, the stock dipped, trading at $174.59 with a market capitalization of $1.9 billion, while analysts maintain a “Moderate Buy” rating with an average price target of $219.00.