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Gladstone Land Corp reports results for the quarter ended June 30 - Earnings Summary

Gladstone Land Corp reports results for the quarter ended June 30 - Earnings Summary
  • Gladstone Land Corp LAND.OQ reported a quarterly adjusted loss of 32 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -38 cents. The mean expectation of three analysts for the quarter was for a loss of 26 cents per share. Wall Street expected results to range from -34 cents to -22 cents per share.

  • Revenue rose 3.2% to $12.69 million from a year ago; analysts expected $13.09 million.

  • Gladstone Land Corp's reported EPS for the quarter was a loss of 32 cents​.

  • The company reported a quarterly loss of $13.52 million.

  • Gladstone Land Corp shares had fallen by 4.7% this quarter and lost 11.1% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 196.6% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "buy."

  • Wall Street's median 12-month price target for Gladstone Land Corp is $11.50, about 29.3% above its last closing price of $8.13

This summary was machine generated from LSEG data August 11 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2026

-0.04

-0.04

Met

Mar. 31 2026

0.01

0.04

Beat

Dec. 31 2025

0.35

0.38

Beat

Sep. 30 2025

-0.02

0.05

Beat

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