Federal Agricultural Mortgage (AGM) Q1 Earnings and Revenues Surpass Estimates

Federal Agricultural Mortgage (AGM) came out with quarterly earnings of $4.19 per share, beating the Zacks Consensus Estimate of $4 per share. This compares to earnings of $3.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.75%. A quarter ago, it was expected that this rural real estate lender would post earnings of $4.16 per share when it actually produced earnings of $3.97, delivering a surprise of -4.57%.Over the last f ...