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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.

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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