Village Farms International Inc reports results for the quarter ended in June - Earnings Summary

Village Farms International

08/08/2024 14:45

* Village Farms International Inc  VFF.OQ  reported a
quarterly
adjusted loss of 21 cents​​ per share for the quarter ended in
June, lower than the same quarter last year, when the company
reported EPS of -1 cents.  The mean expectation of five analysts
for the quarter was for a loss of 3 cents per share. Wall Street
expected results to range from -5 cents tozero cents per share.
    * Revenue rose 19.4% to $92.18 million from a year ago;
analysts
expected $84.28 million. 
    * Village Farms International Inc's reported EPS for the
quarter
was a loss of 21 cents​.
    * The company reported a quarterly loss of $23.55 million.
    * Village Farms International Inc shares had fallen by 3.9%
this
quarter and gained 28.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 18.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the fishing &
farming
peer group is also "buy"

Wall Street's median 12-month price target for Village Farms
International Inc is $2.25 
This summary was machine generated from LSEG data August 8 at
01:45 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.03          -0.21          Missed
 Mar. 31 2024      -0.02          -0.03          Missed
 Dec. 31 2023      -0.02          -0.08          Missed
 Sep. 30 2023      -0.04          -0.01          Beat