Farmland Partners (FPI) Lags Q2 FFO Estimates

Farmland Partners (FPI) came out with quarterly funds from operations (FFO) of $0.03 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to FFO of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -25.00%. A quarter ago, it was expected that this real estate investment trust specializing in farmland would post FFO of $0.06 per share when it actually produced FFO of $0.05, delivering a surprise of - ...