Farmland Partners Inc reports results for the quarter ended in December - Earnings Summary

Farmland Partners

24/02/2023 02:09

* Farmland Partners Inc  FPI.N  reported quarterly adjusted
earnings of 11 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 16 cents per share.
    * Revenue rose 8.9% to $21.82 million from a year ago;
analysts
expected $21.90 million. 
    * Farmland Partners Inc's reported EPS for the quarter was
11
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Farmland Partners Inc shares had fallen by 1.2% this
quarter.
    * The company reported quarterly net income of $5.78
million.
    * Wall Street's median 12-month price target for Farmland
Partners
Inc is $14.50 
    * 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." 

This summary was machine generated from Refinitiv data February
24 at 02:09 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.19           0.18           Missed
 Sep. 30 2022      0.02           0.05           Beat
 Jun. 30 2022      0.01           0.02           Beat
 Mar. 31 2022      0.03           0.04           Beat