Farmland Partners Q3 EPS $(0.01) Down From $0.05 YoY, Sales $11.62M Miss $12.65M Estimate
Portfolio Pulse from vinayak@benzinga.com
Farmland Partners (NYSE:FPI) reported Q3 losses of $(0.01) per share, a 120% decrease YoY. Quarterly sales were $11.62M, missing the analyst consensus estimate of $12.65M by 8.17%, and marking an 11.59% decrease YoY.
October 25, 2023 | 8:37 pm
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Farmland Partners reported a significant YoY decrease in Q3 earnings and sales, missing analyst estimates. This could negatively impact investor sentiment.
Farmland Partners reported a decrease in earnings and sales compared to the same period last year, and also missed analyst estimates. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100