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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