Cresud: Fiscal 1Q Earnings Snapshot
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.