On Wednesday 6th November 2024, investors and market participants can expect the release of Gladstone Land Corporation (NASDAQ: LAND) third quarter financial results. This crucial announcement will be made after market close.
According to financial analysts on Wall Street, the firm is likely to announce an estimated per share $0.10 loss for the quarter. Additionally, the company is anticipated to reveal a total revenue of $21.59 million during this period.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $0.15. This significant amount was attributed to the company's remarkable total revenue of $23.53 million generated during that specific period.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $84.95 million. Additionally, they predict that the earnings per share for the company will hit loss of $0.19 by the end of the fiscal year.
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The business has scheduled a conference call on 7th November 2024 at 08:30 AM eastern time to discuss Q3 financial results.
Gladstone Land Corporation (LAND) shares traded as low as $13.00 and as high as $13.20 on a day volume of 149.30 thousand shares, closed Friday's regular trading session at $13.12, a gain of 0.69 percent.
