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Stock impact report

Gladstone: 1Q Earnings Snapshot [FOX News]

Gladstone Land Corporation (LAND) 
Last gladstone land corporation earnings: 2/19 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gladstoneland.com
Company Research Source: FOX News
MCLEAN, Va. –   MCLEAN, Va. (AP) _ Gladstone Land Corp. (LAND) on Tuesday reported a key measure of profitability in its first quarter. The real estate investment trust, based in McLean, Virginia, said it had funds from operations of $2.1 million, or 14 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had a loss of $318,000, or 2 cents per share. The real estate investment trust specializing in farmland posted revenue of $9.2 million in the period. The company's shares have decreased 5.5 percent since the beginning of the year. The stock has climbed 15 percent in the last 12 months. _____ This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on LAND at https://www.zacks.com/ap/LAND Show less Read more
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