How did AGM's Q1 2024 EPS outperform forecasts?

Federal Agricultural Mortgage Corporation (AGM) reported an EPS of -$0.24 for Q1 2024, which is below the expected EPS. This indicates that AGM's Q1 2024 EPS did not outperform forecasts, instead, it fell short of expectations with a significant negative surprise.

AGM EPS Surprise, Diluted EPS