Gladstone Land (LAND) Q4 FFO and Revenues Beat Estimates

Gladstone Land (LAND) came out with quarterly funds from operations (FFO) of $0.38 per share, beating the Zacks Consensus Estimate of $0.3 per share. This compares to FFO of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +28.00%. A quarter ago, it was expected that this real estate investment trust specializing in farmland would post a loss of $0.03 per share when it actually produced FFO of $0.04, delivering a surprise of + ...