Village Farms: Q1 Earnings Snapshot
By Ap News
Published - May 08, 2024, 07:27 AM ET
Last Updated - May 08, 2024, 07:27 AM EDT
DELTA, Canada (AP) — DELTA, Canada (AP) — Village Farms International Inc. (VFF) on Wednesday reported a loss of $2.9 million in its first quarter.
The Delta, Canada-based company said it had a loss of 3 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The greenhouse operator posted revenue of $78.1 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $72.5 million.
