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Mar 31, 2024
Farmland Partners Q1 2024 Earnings Report
Reported strong first quarter with increased 2024 guidance
Key Takeaways
Farmland Partners Inc. reported a strong first quarter with a net income of $1.4 million and AFFO of $2.8 million. The company also increased its 2024 AFFO guidance range to $0.19 to $0.26 per share.
Net income was $1.4 million, or $0.01 per share.
AFFO was $2.8 million, or $0.06 per share.
Average gross book value of real estate was $1.00 billion.
Completed acquisitions of three properties for $16.3 million.
Revenue by Segment
Forward Guidance
Increased the bottom and top end of 2024 AFFO guidance range to $0.19 to $0.26 from $0.15 to $0.23.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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