Farmland Partners (FPI) Tops Q3 EPS by 5c, Revenues Slightly Miss

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Farmland Partners Inc. Reports Third Quarter 2018 Results

November 5, 2018 4:15 PM EST

DENVER, Nov. 5, 2018 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") today reported financial results for the quarter ended September 30, 2018.

Third Quarter 2018 Highlights

Reported total operating revenues of $12.6 million, a 4.2% increase over the same period in 2017 Reported operating income of $6.2 million, a 0.7% increase over the same period in 2017 Reported a basic net income to common stockholders of $0.02 per share Reported AFFO per share of $0.02 Completed farm dispositions totaling $29.9 million at a 11.4% gain relative to gross book value and 11.4%... More