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Stock impact report

Farmland Partners Inc. Reports Second Quarter 2019 Results

Farmland Partners Inc. (FPI) 
NASDAQ:AMEX Investor Relations: ir.farmlandpartners.com
Company Research Source: PR Newswire
DENVER, Aug. 6, 2019 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") today reported financial results for the quarter ended June 30, 2019.Second Quarter 2019 HighlightsReported total operating revenues of $10.9 million, a 4.1% decrease over the same period in 2018 Reported year-to-date total operating revenues of $21.8 million, a 3.5% decrease over the same period in 2018 Reported operating income of $4.0 million, a 23.8% decrease over the same period in 2018 Reported year-to-date operating income of $8.5 million, a 15.3% decrease over the same period in 2018 Reported a basic net income to common stockholders of $0.09 per share Reported total net income of $6.5 million, a 565.1% increase over the same period in 2018 Reported Adjusted EBITDAre of $6.5 million, a 16.8% decrease over the same period in 2018 Reported AFFO per share of -$0.05 Completed farm dispositions totaling $29.7 million Repurchased $12.9 million in shares of common stock at a weighted average price Show less Read more
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