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Gladstone Land (LAND) Q4 FFO Miss Estimates
Gladstone LandGladstone Land(US:LAND) Zacks Investment Research·2024-02-20 23:36

分组1 - Gladstone Land reported quarterly funds from operations (FFO) of $0.15 per share, missing the Zacks Consensus Estimate of $0.18 per share, and down from $0.20 per share a year ago, representing an FFO surprise of -16.11% [1] - The company posted revenues of $24.45 million for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 1.63%, but down from $24.79 million year-over-year [1] - Over the last four quarters, Gladstone has not surpassed consensus FFO estimates, but has topped consensus revenue estimates three times [1] 分组2 - The stock has underperformed, losing about 6.6% since the beginning of the year compared to the S&P 500's gain of 4.9% [2] - The current consensus FFO estimate for the coming quarter is $0.15 on $21.44 million in revenues, and $0.63 on $89.89 million in revenues for the current fiscal year [4] - The Zacks Industry Rank for REIT and Equity Trust - Other is in the top 44% of over 250 Zacks industries, indicating a favorable outlook for the industry [5]