Gladstone Land Corp expected to post earnings of 14 cents a share - Earnings Preview

Gladstone Land

07/08/2021 03:01

* Gladstone Land Corp  LAND.OQ   LAND.O  is expected to show a
rise in quarterly revenue when it reports results on August 10. 
* The Mc Lean, Virginia-based company is expected to report   a
33.1% increase in revenue to $16.818 million from $12.64 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Gladstone Land Corp is
for a loss of 7 cents per share. For the same quarter last year,
the company reported a loss of 10 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 Gladstone Land
Corp is $25.5​, about 6.7% above​ its last closing price
of $23.78. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.16        0.15       0.17      Beat    14.9
 Dec. 31 2020  0.15        0.16       0.16      Met     0.2
 Sep. 30 2020  0.14        0.14       0.15      Beat    4.9​
 Jun. 30 2020  0.12        0.13       0.11      Missed  -13.2
 Mar.          0.21​       0.21       0.24      Beat    17.1​
 31​ 2020​                                              
 Dec. 31 2019  0.15        0.14       0.17      Beat    16.7​
 Sep. 30 2019  0.10        0.10       0.14      Beat    41.2
 Jun. 30 2019  0.08        0.09       0.12      Beat    32.2
 This summary was machine generated August 7 at 02:01 GMT.  All
figures in US dollars unless otherwise stated