Farmland Partners (FPI) Reports Q1 Earnings: What Key Metrics Have to Say
FPIFarmland Partners(FPI) Zacks Investment Research·2024-05-01 08:06

Farmland Partners (FPI) reported 11.99millioninrevenueforthequarterendedMarch2024,representingayear−over−yeardeclineof5.411.99 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 5.4%. EPS of 0.06 for the same period compares to 0.02ayearago.Thereportedrevenuerepresentsasurpriseof−1.320.02 a year ago. The reported revenue represents a surprise of -1.32% over the Zacks Consensus Estimate of 12.15 million. With the consensus EPS estimate being $0.02, the EPS surprise was +200.00%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...