Gladstone Land Corp expected to post earnings of 15  cents a share - Earnings Preview

Gladstone Land

10/05/2021 21:57

* Gladstone Land Corp  LAND.OQ   LAND.O  is expected to show a
rise in quarterly revenue when it reports results on May 12 .
* The Mc Lean, Virginia-based company is expected to report   a
1.3% increase in revenue to $15.483 million from $15.28 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Gladstone Land Corp is
for a loss of 5 cents per share. For the same quarter last year,
the company reported earnings of 4 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 3.3% in the last three months. ​
* Wall Street's median 12-month price target for Gladstone Land
Corp is $21​, about 6.1% below​ its last closing price
of $22.29. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.21        0.21       0.24      Beat    17.1
 Dec.          0.15​       0.14       0.17      Beat    16.7​
 31​ 2019​                                              
 Sep. 30 2019  0.10        0.10       0.14      Beat    41.2​
 Jun. 30 2019  0.08        0.09       0.12      Beat    32.2
 Mar. 31 2019  0.11        0.12       0.12      Met     4.7
 This summary was machine generated May 10 at 20:57 GMT.  All
figures in US dollars unless otherwise stated