Farmland Partners (FPI) Tops Q3 EPS by 6c

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Farmland Partners Inc. Reports Third Quarter 2024 Results

October 30, 2024 4:05 PM EDT

Significantly Reduces Debt, Increases 2024 Earnings Guidance, And Projects Special Dividend Of At Least $1.00

DENVER--(BUSINESS WIRE)-- Farmland Partners Inc. (NYSE: FPI) (FPI or the Company) today reported financial results for the quarter ended September 30, 2024.

Selected Highlights

During the quarter ended September 30, 2024, the Company:

recorded net income of $1.8 million, or $0.02 per share available to common stockholders, compared to $4.3 million (which included $10.3 million of gain on disposition of assets, net), or $0.07 per share available to common stockholders for the same period in 2023; recorded AFFO... More