Village Farms International (NASDAQ:VFF) Issues Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Village Farms International (NASDAQ:VFF) released its earnings results on Monday. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.05), Zacks reports. The company had revenue of $77.07 million during the quarter, compared to the consensus estimate of $78.44 million. Village Farms International had a negative net margin of 15.16% and a negative return on equity of 8.26%.

Village Farms International Price Performance

NASDAQ:VFF traded up $0.16 during trading hours on Tuesday, reaching $0.86. The stock had a trading volume of 1,136,082 shares, compared to its average volume of 448,122. Village Farms International has a 52 week low of $0.45 and a 52 week high of $1.48. The stock has a market capitalization of $96.83 million, a PE ratio of -1.92 and a beta of 2.17. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.09 and a current ratio of 2.05. The company has a 50 day moving average price of $0.63 and a two-hundred day moving average price of $0.73.

About Village Farms International

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.