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

Farmland Partners

21/10/2022 12:41

* Farmland Partners Inc  FPI.N   FPI  is expected to show a
rise
in quarterly revenue when it reports  results on October 25
(estimated). 
    * The Denver Colorado-based  company is expected to report 
a
12.3% increase in revenue to $11.348 million from $10.11 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. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "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 $16.5​, above​ its last closing price of $13.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.02        0.01       0.02      Beat    100
 Mar. 31 2022  0.03        0.03       0.04      Beat    33.3
 Dec. 31 2021  0.17        0.17       0.24      Beat    41.2​
 Sep. 30 2021  -0.05       -0.04      -0.09     Missed  -111.8
 ​​Jun.        -0.04       -0.03      -0.11     Missed  -214.3
 30 2021                                                
 Mar. 31 2021  -0.02       -0.02      -0.05     Missed  -150​
 Dec. 31 2020  0.38        0.31       0.16      Missed  -47.8
 Sep. 30 2020  -0.03       -0.03      -0.04     Missed  -33.3
 This summary was machine generated October 21 at 11:41 GMT.  All
figures in US dollars  unless otherwise stated