Farmland Partners Inc expected to post earnings of 16cents a share - Earnings Preview

Farmland Partners

17/02/2023 23:00

* Farmland Partners Inc  FPI.N   FPI  is expected to show a
rise
in quarterly revenue when it reports  results on February 20
(estimated). 
    * The Denver Colorado-based  company is expected to report 
a
9.3% increase in revenue to $21.905 million from $20.05 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 earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 $12.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.02        0.02       0.05      Beat    108.3
 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.        -0.05       -0.04      -0.09     Missed  -111.8
 30 2021                                                
 Jun. 30 2021  -0.04       -0.03      -0.11     Missed  -214.3
                                                        ​
 Mar. 31 2021  -0.02       -0.02      -0.05     Missed  -150
 Dec. 31 2020  0.38        0.31       0.16      Missed  -47.8
 This summary was machine generated February 17 at 23:00 GMT. 
All figures in US dollars  unless otherwise stated