Gladstone Land Corporation (NASDAQ:LAND) will hold its 3Q20 earnings conference call with the financial community on 5th November 2020 at 8:30 AM Eastern Time.
The financial results for the quarter are released after the U.S. market close on Wednesday 4th November 2020
The conference call will be webcast live on Internet at www.GladstoneFarms.com
Earnings Expectation
Gladstone Land Corporation is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.04 per share from $ 13.57 million in revenue. For the full year, analysts predict revenues of $ 55.89 million, while looking forward to loss of $ 0.13 per share.
Gladstone Land is a publicly-traded real estate investment trust that invests in and owns farmland and farm-related properties located in certain major agricultural markets in the U.S., which it leases to unrelated third-party farmer-tenants. The Company reports the current fair value of its farmland on a quarterly basis; as of March 31, 2019, its estimated net asset value was $12.30 per common share. Gladstone Land currently owns 87 farms, comprised of 74,828 acres in 10 different states across the U.S., valued at approximately $649 million.
