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BUENOS AIRES, Argentina (AP) _ IRSA Inversiones y Representaciones SA (IRS) on Thursday reported fiscal first-quarter net income of $301.2 million.
The Buenos Aires, Argentina-based company said it had net income of $5.20 per share. Earnings, adjusted for non-recurring gains, came to 37 cents per share.
The real estate company posted revenue of $346.9 million in the period.
IRSA Inversiones shares have decreased 54 percent since the beginning of the year. The stock has fallen 53 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 IRS at https://www.zacks.com/ap/IRS