Winton Land (ASX:WTN, NZE:WIN) reported Wednesday fiscal 2025 earnings of NZ$0.0336 per share, down from NZ$0.0512 a year earlier.
Analysts polled by FactSet expected earnings of NZ$0.02.
Revenue for the 12 months ended June 30 was NZ$155.4 million, compared with NZ$173.6 million a year earlier.
Analysts surveyed by FactSet expected NZ$150 million.