Farmland Partners Inc expected to post a loss of 4 cents a share - Earnings Preview

Farmland Partners

29/10/2024 02:59

* Farmland Partners Inc  FPI.N   FPI  is expected to show a
rise
in quarterly revenue when it reports  results on October 30 for
the period ending September 30 2024
    * The Denver Colorado-based  company is expected to report a
2.7% increase in revenue to $11.928 million from $11.62 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Farmland Partners Inc is
for a
loss of 4 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 12.50​, above​ its last closing price of $11.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.02        0.01       -0.01     Missed  -225
 Jan. 1 2024   0.01        0.00       0.06      Beat    1,150
 Jan. 1 0001   0.17        0.17       0.16      Missed  -7.2​
 Sep. 30 2023  0.00        0.00       -0.01     Missed  -200.3
 ​​Jun.        0.00        0.01       -0.02     Missed  -300
 30 2023                                                
 Mar. 31 2023  0.02        0.02       0.03      Beat    25​
 Dec. 31 2022  0.19        0.19       0.18      Missed  -7.2
 Sep. 30 2022  0.02        0.02       0.05      Beat    108.3
 This summary was machine generated October 29 at 02:58 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)