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IRSA Inversiones: Fiscal 1Q Earnings Snapshot

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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.

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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 IRS at https://www.zacks.com/ap/IRS