Village Farms International (VFF) Set to Announce Quarterly Earnings on Thursday

Village Farms International (NASDAQ:VFF) will issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Village Farms International (NASDAQ:VFF) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.07). Village Farms International had a negative net margin of 15.98% and a negative return on equity of 8.10%. The firm had revenue of $92.18 million for the quarter, compared to the consensus estimate of $84.32 million.

Village Farms International Stock Down 3.4 %

VFF opened at $0.88 on Thursday. The stock’s fifty day moving average is $0.95 and its 200-day moving average is $1.07. Village Farms International has a one year low of $0.58 and a one year high of $1.62. The company has a market capitalization of $98.10 million, a PE ratio of -3.53 and a beta of 2.21. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.97.

Insider Buying and Selling at Village Farms International

In related news, CEO Michael A. Degiglio sold 123,891 shares of the firm’s stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of $0.99, for a total transaction of $122,652.09. Following the completion of the sale, the chief executive officer now directly owns 9,549,348 shares in the company, valued at approximately $9,453,854.52. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, CEO Michael A. Degiglio sold 223,424 shares of Village Farms International stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $1.01, for a total value of $225,658.24. Following the transaction, the chief executive officer now owns 9,734,703 shares of the company’s stock, valued at approximately $9,832,050.03. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Michael A. Degiglio sold 123,891 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $0.99, for a total transaction of $122,652.09. Following the sale, the chief executive officer now directly owns 9,549,348 shares of the company’s stock, valued at $9,453,854.52. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 364,894 shares of company stock valued at $365,889. 11.50% of the stock is owned by insiders.

Village Farms International Company Profile

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.