AP NEWS

Cresud: Fiscal 1Q Earnings Snapshot

November 12, 2019

BUENOS AIRES, Argentina (AP) _ Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) on Monday reported a loss of $47.4 million in its fiscal first quarter.

On a per-share basis, the Buenos Aires, Argentina-based company said it had a loss of 97 cents. Losses, adjusted to account for discontinued operations, were $2.71 per share.

The agricultural company posted revenue of $504.3 million in the period.

The company’s shares closed at $4.60. A year ago, they were trading at $11.65.

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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