Gladstone Land(US:LAND) ZACKSยท2024-11-06 23:41Group 1 - Gladstone Land reported quarterly funds from operations (FFO) of $0.13 per share, matching the Zacks Consensus Estimate, but down from $0.16 per share a year ago, representing an FFO surprise of -3.08% [1] - The company posted revenues of $22.57 million for the quarter ended September 2024, exceeding the Zacks Consensus Estimate by 5.11%, but down from $23.53 million year-over-year [2] - Gladstone shares have underperformed the market, losing about 6% since the beginning of the year compared to the S&P 500's gain of 21.2% [3] Group 2 - The current consensus FFO estimate for the coming quarter is $0.14 on revenues of $22.06 million, and for the current fiscal year, it is $0.52 on revenues of $84.85 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is in the top 24% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]