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Cresud posts 1Q profit

BUENOS AIRES, Argentina (AP) _ Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) on Monday reported fiscal first-quarter earnings of $12.8 million.

On a per-share basis, the Buenos Aires, Argentina-based company said it had profit of 25 cents.

The agricultural company posted revenue of $1.24 billion in the period.

Cresud shares have increased 37 percent since the beginning of the year. The stock has climbed 41 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