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Farmland Partners (FPI) Surpasses Q3 FFO and Revenue Estimates

Farmland Partners (FPI) came out with quarterly funds from operations (FFO) of 0.07pershare,beatingtheZacksConsensusEstimateof0.07 per share, beating the Zacks Consensus Estimate of 0.06 per share. This compares to FFO of 0.03pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof+16.670.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +16.67%. A quarter ago, it was expected that this real estate investment trust specializing in farmland would post FFO of 0.04 per share when it actually produced FFO of $0.03, delivering a surprise of - ...