Gladstone Land (LAND) Q4 FFO Miss Estimates

Gladstone Land (LAND) came out with quarterly funds from operations (FFO) of $0.15 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to FFO of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -16.11%. A quarter ago, it was expected that this real estate investment trust specializing in farmland would post FFO of $0.16 per share when it actually produced FFO of $0.16, delivering no surprise.Over ...