Farmer Mac Reports Second Quarter 2019 Results

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Farmer Mac (AGM) Tops Q2 EPS by 14c

August 1, 2019 8:17 AM EDT

Farmer Mac (NYSE: AGM) reported Q2 EPS of $2.20, $0.14 better than the analyst estimate of $2.06.

Net business volume growth of $239.8 million, with growth across all four lines of businessNet income attributable to common stockholders grew 7% year-over-year to $28.3 million, or $2.63 per diluted common shareCore earnings, a non-GAAP measure, grew 22% year-over-year to $23.6 million, or $2.20 per diluted... More