Farmer Mac earnings up next as agricultural lenders brace for stress
Federal Agricultural Mortgage Corporation (Farmer Mac) is scheduled to report its second-quarter earnings, with expectations of continued growth despite rising stress in the farm economy. Analysts anticipate earnings of $4.78 per share on revenue of $114.14 million for the quarter. Investors will be keenly watching credit quality given deteriorating conditions in agricultural lending and the company’s business volume growth to see if it can maintain momentum amidst a challenging farm economy backdrop.
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