Village Farms International Inc reports results for the quarter ended in September 30 - Earnings Summary

Village Farms International

07/11/2024 14:30

* Village Farms International Inc  VFF.OQ  reported a
quarterly
adjusted loss of 1 cent​​ per share for the quarter ended
September 30, identical to the same quarter last year.  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 -4
cents to -1 cents per share.
    * Revenue rose 19.9% to $83.37 million from a year ago;
analysts
expected $80.87 million. 
    * Village Farms International Inc's reported EPS for the
quarter
was a loss of 1 cent​.
    * The company reported a quarterly loss of $820 thousand.
    * Village Farms International Inc shares had fallen by 14.0%
this
quarter and gained 5.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 62.5%
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 2.00 
This summary was machine generated from LSEG data November 7 at
02:29 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
 Jan. 1 0001       -0.03          -0.01          Beat
 Jun. 30 2024      -0.03          -0.21          Missed
 Mar. 31 2024      -0.02          -0.03          Missed
 Dec. 31 2023      -0.02          -0.08          Missed