Farmland Partners (FPI) Misses Q4 EPS by 1c, Revenues Beat

Farmland Partners (NYSE: FPI) reported Q4 EPS of $0.13, $0.01 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $21.88 million versus the consensus estimate of $19.24 million.

"2019 was a year characterized for our company by patience and discipline," said Paul A. Pittman, the Company's CEO. "We continued our strategy of opportunistically selling assets for substantial gains and using the proceeds to repurchase stock and pay off debt. We also significantly reduced our overhead costs. We intend to continue pursuing this strategy in 2020."

For earnings history and earnings-related data on Farmland Partners (FPI) click here.

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