Gladstone Land Corp reports results for the quarter ended in September - Earnings Summary

Gladstone Land

10/11/2021 07:43

* Gladstone Land Corp  LAND.OQ  reported a quarterly adjusted
loss of 5 cents​​ per share for the quarter ended in September.
The mean expectation of four analysts for the quarter was for a
loss of 6 cents per share.
* Revenue rose 40% to $19.59 million from a year ago;  analysts
expected $17.89 million. 
* Gladstone Land Corp's reported EPS for the quarter was a loss
of 5 cents​.
* The mean earnings estimate of analysts had fallen by
about 1.5% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Gladstone Land Corp shares had risen by 9.5% this quarter and
gained 70.3% so far this year.
* The company reported a quarterly loss of $1.63 million.
* Wall Street's median 12-month price target for Gladstone Land
Corp is $26.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 10 at 07:43 a.m.
 ​All figures in US dollars unless otherwise stated