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Mar 31, 2020
Farmland Partners Q1 2020 Earnings Report
Farmland Partners' performance was relatively stable during the first quarter, with a net income of $0.4 million and total operating revenues of $11.7 million.
Key Takeaways
Farmland Partners Inc. reported a relatively stable performance in the first quarter of 2020, with net income of $0.4 million and total operating revenues of $11.7 million. The company did not complete any acquisitions or dispositions during the quarter. The direct impact of the COVID-19 pandemic on the Company’s business and operations has been limited.
Net income for the quarter ended March 31, 2020 was $0.4 million.
Basic net loss to common stockholders was $0.09 per share.
Total operating revenues for the quarter ended March 31, 2020 were $11.7 million.
The company recorded Adjusted EBITDAre of $7.4 million.
Forward Guidance
Company cannot fully predict what harm may come to our business during the rest of the year due to the COVID-19 related economic slowdown.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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