Federal Farm Mortgage Earnings, Earnings Beaten in Third Quarter by Investing.com

Investing.com – Federal Agricultural (NYSE:) Mortgage reported better-than-expected earnings on Monday, beating analyst expectations for the third quarter.

Federal Agricultural Mortgage announced earnings per share of $3.07 and earnings of $70.32 million. An analyst surveyed by Investing.com said he forecast EPS of $2.90 on earnings of $66.02 million.

Federal Farm Mortgage shares are up 100% year-to-date, but are down 16.14% from their 52-week high of $137.01 set on November 8, 2021.

Federal farm mortgages follow other major financial sector earnings this month

The Federal Agricultural Mortgage report on earnings missed by Berkshire Hathaway A on Saturday reported EPS of $1,832 on revenue of $76.9 billion, compared with a forecast EPS of $4,518.39 on revenue of $74.9 billion. It’s what follows.

JP Morgan beat expectations on October 14 with third quarter EPS of $32.72 billion and EPS of $32.12 billion.

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