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Cresud: Fiscal 1Q Earnings Snapshot

BUENOS AIRES, Argentina (AP) _ Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) on Monday reported fiscal first-quarter net income of $65.9 million.

The Buenos Aires, Argentina-based company said it had net income of $1.31 per share. Earnings, adjusted to account for discontinued operations, were $1.33 per share.

The agricultural company posted revenue of $421.5 million in the period.

Cresud shares have fallen 45 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $11.58, a fall of 44 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRESY at https://www.zacks.com/ap/CRESY