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Stock impact report

Farmland Partners (FPI) Q2 FFO Match Estimates [Yahoo! Finance]

Farmland Partners Inc. (FPI) 
NASDAQ:AMEX Investor Relations: ir.farmlandpartners.com
Company Research Source: Yahoo! Finance
This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust specializing in farmland would post FFO of $0.02 per share when it actually produced FFO of $0.06, delivering a surprise of 200%. Over the last four quarters, the company has surpassed consensus FFO estimates just once. Farmland Partners , which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $11.45 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 3.34%. This compares to year-ago revenues of $11.58 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call. Farmland Partners shares have lost about 7.8% sinc Show less Read more
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