Gladstone Land Q2 EPS $0.11 Down From $0.13 YoY, Sales $21.21M Beat $20.39M Estimate
Portfolio Pulse from vinayak@benzinga.com
Gladstone Land (NASDAQ:LAND) reported Q2 earnings of $0.11 per share, a 15.38% decrease YoY. However, the company's quarterly sales of $21.21M beat the analyst consensus estimate of $20.39M by 4.02%, marking a 4.52% increase over sales from the same period last year.
August 07, 2023 | 8:25 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Gladstone Land's Q2 earnings per share decreased by 15.38% YoY, but its sales beat estimates by 4.02%.
While Gladstone Land's earnings per share decreased YoY, the company's sales exceeded estimates, which could balance out the impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100