Federal Agricultural Mortgage Corp reports results for the quarter ended December 31 - Earnings Summary

• Federal Agricultural Mortgage Corp AGM.N reported quarterly adjusted earnings of $3.97​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $4.10. The mean expectation of three analysts for the quarter was for earnings of $4.17 per share. Wall Street expected results to range from $4.11 to $4.21 per share.

• Revenue rose 13.9% to $97.48 million from a year ago; analysts expected $92.81 million.

• Federal Agricultural Mortgage Corp's reported EPS for the quarter was $4.63​.

• The company reported quarterly net income of $50.85 million.

• Federal Agricultural Mortgage Corp shares had fallen by 0.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the corporate financial services peer group is "hold."

Wall Street's median 12-month price target for Federal Agricultural Mortgage Corp is $216.00

This summary was machine generated from LSEG data February 21 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)