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Farmland Partners, Inc. (NYSE:FPI ) Q1 2024 Earnings Conference Call May 1, 2024 11:00 AM ET Company Participants Luca Fabbri - President and Chief Executive Officer Christine Garrison - General Counsel Paul Pittman - Executive Chairman James Gilligan - Chief Financial Officer Conference Call Participants Scott Fortune - ROTH MKM Robert Stevenson - Janney John Massocca - B. Riley Securities Operator Thank you for standing by.
Although the revenue and EPS for Farmland Partners (FPI) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Farmland Partners (FPI) came out with quarterly funds from operations (FFO) of $0.06 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to FFO of $0.03 per share a year ago.
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company”) today announced it will release its financial results for the quarter ended March 31, 2024, after 5 p.m. (Eastern Time) on Tuesday, April 30, 2024, and will host a conference call the following day, Wednesday, May 1, 2024, at 11:00 a.m. (Eastern Time) to discuss the financial results and provide a company update. The call can be accessed live over the phone by dialing 1-800-715-9871 and using the conference ID 2678168.
Farmland Partners (FPI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
FPI had an active 2023, with asset sales resulting in gains but total operating revenues dropping. The stock looks expensive on cash flow and AFFO multiples, but cheap relative to NAV. We tell you what we consider as better alternatives today.
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The headline numbers for Farmland Partners (FPI) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company”) today announced it will release its financial results for the fourth quarter and year ended December 31, 2023, after 5 p.m. (Eastern Time) on Wednesday, February 28, 2024, and will host a conference call the following day, Thursday, February 29, 2024, at 11:00 a.m. (Eastern Time) to discuss the financial results and provide a company update. The call can be accessed live over the phone by dialing 1-888-596-4144 and usin.
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