Gladstone Land Corp expected to post a loss of 10 cents a share - Earnings Preview

* Gladstone Land Corp is expected to show a fall in quarterly revenue when it reports results on November 6 for the period ending September 30 2024

* The Mclean Virginia-based company is expected to report a 8.2% decrease in revenue to $21.594 million from $23.53 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data. (SAL is on Rental/Lease revenue basis)

* ​LSEG's mean analyst estimate for Gladstone Land Corp is for a loss of 10 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Gladstone Land Corp is 15.00​, above​ its last closing price of $13.12. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.12 0.12 0.14 Beat 13.2

Mar. 31 2024 0.15 0.15 0.17 Beat 15.8

Jan. 1 0001 0.20 0.19 0.17 Missed -9.4​

Sep. 30 2023 0.16 0.16 0.18 Beat 11.1

​​Jun. 0.12 0.13 0.12 Missed -5.4

30 2023

Mar. 31 2023 0.18 0.18 0.15 Missed -16.4​

Dec. 31 2022 0.21 0.21 0.18 Missed -11.2

Jan. 1 0001 0.17 0.17 0.19 Beat 7.8

This summary was machine generated November 4 at 23:20 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)