BUENOS AIRES, Argentina (AP) _ Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) on Monday reported fiscal second-quarter net income of $90.9 million, after reporting a loss in the same period a year earlier.
The Buenos Aires, Argentina-based company said it had profit of $1.82 per share. Losses, adjusted to account for discontinued operations, were 27 cents per share.
The agricultural company posted revenue of $1.23 billion in the period.
Cresud shares have risen 24 percent since the beginning of the year. The stock has more than doubled in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRESY at https://www.zacks.com/ap/CRESY
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