Gladstone Land (LAND) Q3 FFO Match Estimates

Gladstone Land (LAND) came out with quarterly funds from operations (FFO) of $0.13 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -3.08%. A quarter ago, it was expected that this real estate investment trust specializing in farmland would post FFO of $0.12 per share when it actually produced FFO of $0.10, delivering a surprise of -16.67%.Over the l ...