Farmland Partners Inc expected to post a loss of 2  cents a share - Earnings Preview

Farmland Partners

25/07/2022 14:13

* Farmland Partners Inc  FPI.N   FPI  is expected to show a
rise
in quarterly revenue when it reports  results on July 27. 
    * The Denver Colorado-based  company is expected to report 
a
7.6% increase in revenue to $10.77 million from $10.01 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Farmland Partners
Inc is
for a loss of 2 cents per share. For the same quarter last year,
the company reported a loss of 19 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Farmland
Partners
Inc is $16​, above​ its last closing price of $14.27. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.03        0.03       0.04      Beat    33.3
 Dec. 31 2022  0.17        0.17       0.24      Beat    41.2
 Sep. 30 2021  -0.05       -0.04      -0.09     Missed  -111.8
                                                        ​
 Jun. 30 2021  -0.04       -0.03      -0.11     Missed  -214.3
 ​​Mar.        -0.02       -0.02      -0.05     Missed  -150
 31 2021                                                
 Dec. 31 2020  0.38        0.31       0.16      Missed  -47.8​
 Sep. 30 2020  -0.03       -0.03      -0.04     Missed  -33.3
 Jun. 30 2020  0.01        -0.02      -0.04     Missed  -128.6
 This summary was machine generated July 25 at 13:13 GMT.  All
figures in US dollars  unless otherwise stated