Farmer Mac Reports Second Quarter 2020 Results

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Go back to Farmer Mac Reports Second Quarter 2020 Results

Farmer Mac (AGM) Tops Q2 EPS by 16c

August 10, 2020 4:48 PM EDT

Farmer Mac (NYSE: AGM) reported Q2 EPS of $2.45, $0.16 better than the analyst estimate of $2.29. Revenue for the quarter came in at $0 versus the consensus estimate of $49.17 million.

Provided $1.7 billion in liquidity and lending capacity in second quarter 2020, resulting in net outstanding business volume growth of $502.8 million;Net income attributable to common stockholders was $31.7 million, or $2.94 per diluted common... More