Farmer Mac Reports Third Quarter 2019 Results

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Farmer Mac (AGM) Misses Q3 EPS by 3c

November 6, 2019 8:02 AM EST

Farmer Mac (NYSE: AGM) reported Q3 EPS of $2.17, $0.03 worse than the analyst estimate of $2.20.

Sequential net business volume growth of $185.6 million to total outstanding business volume of $20.9 billion, primarily driven by the Farm & Ranch and Rural Utilities lines of businessNet income attributable to common stockholders of $14.4 million, or $1.33 per diluted common shareCore... More