Farmland Partners Inc expected to post earnings of 7  cents a share - Earnings Preview

Farmland Partners

24/10/2023 03:03

* Farmland Partners Inc  FPI.N   FPI  is expected to show a
fall
in quarterly revenue when it reports  results on October 25. 
    * The Denver Colorado-based  company is expected to report 
a
3.7% decrease in revenue to $12.648 million from $13.14 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Farmland Partners
Inc is
for earnings of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $13.25​, above​ its last closing price of $10.36. ​​​

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 2023  0.00        0.01       -0.02     Missed  -300
 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
 ​​Jun.        0.02        0.01       0.02      Beat    100
 30 2022                                                
 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
 This summary was machine generated October 24 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated