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Farmland Partners (FPI) Tops Q3 FFO and Revenue Estimates
FPIFarmland Partners(FPI) ZACKS·2024-10-30 23:01

Farmland Partners (FPI) came out with quarterly funds from operations (FFO) of 0.03pershare,beatingtheZacksConsensusEstimateof0.03 per share, beating the Zacks Consensus Estimate of 0.01 per share. This compares to loss of 0.01pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof2000.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 200%. A quarter ago, it was expected that this real estate investment trust specializing in farmland would post FFO of 0.01 per share when it actually produced FFO of $0.01, delivering no surprise. Ove ...