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Stock impact report

Gladstone Land Announces First Quarter 2024 Results [Yahoo! Finance]

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: Yahoo! Finance
MCLEAN, VA / ACCESSWIRE / May 7, 2024 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") today reported financial results for the first quarter ended March 31, 2024. A description of funds from operations ("FFO"), core FFO ("CFFO"), adjusted FFO ("AFFO"), and net asset value ("NAV"), all non-GAAP (generally accepted accounting principles in the United States) financial measures, appear at the end of this press release. All per-share references are to fully-diluted, weighted-average shares of the Company's common stock, unless noted otherwise. For further detail, please refer to the Company's Quarterly Report on Form 10-Q (the "Form 10-Q"), which is available on the Investors section of the Company's website at www.GladstoneLand.com First Quarter 2024 Activity: Portfolio Activity: Property Disposition: Sold a 3,748-acre farm in Florida for approximately $65.7 million, which, after accounting for closing costs, resulted in a return on equity of 60% and Show less Read more
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