Village Farms: 3Q Earnings Snapshot
Posted November 13, 2020 7:30 am.
Last Updated November 13, 2020 7:38 am.
This article is more than 5 years old.
DELTA, British Columbia (AP) _ Village Farms International Inc. (VFF) on Friday reported third-quarter net income of $520,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Delta, British Columbia-based company said it had net income of 1 cent.
The greenhouse operator posted revenue of $43 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $39.9 million.
Village Farms shares have decreased almost 3% since the beginning of the year. The stock has declined 21% in the last 12 months.
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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 VFF at https://www.zacks.com/ap/VFF
The Associated Press
