Farmland Partners Inc. Reports Fourth Quarter and Fiscal Year 2020 Results
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Farmland Partners (FPI) Misses Q4 EPS by 16c, Revenues Miss
March 17, 2021 4:20 PM EDTFarmland Partners (NYSE: FPI) reported Q4 EPS of $0.06, $0.16 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $17.92 million versus the consensus estimate of $21.72 million.
Financial Results
For the three months ended December 31, 2020, the Company recorded net income of $6.4 million and basic net income to common stockholders of $0.10 per share, as compared to net income of $9.8 million and basic net income to common stockholders of $ÂÂÂ0.20 per share for the same period during 2019. For the year ended December 31, 2020, the Company recorded net income of $7.5 million and a basic net loss to... More