Published on 25 Oct 2023 on GuruFocus.com via Yahoo Finance
Farmland Partners Inc (FPI) Reports Q3 2023 Results: Net Income Soars by 285.6%
Net income for Q3 2023 reached $4.315 million, a significant increase of 285.6% from Q3 2022.Net income per share available to common stockholders rose by 600.0% to $0.07.Total operating revenues for Q3 2023 were $11.617 million, a decrease of 11.6% from the same period last year.The company declared a quarterly cash dividend of $0.06 per share of common stock and Class A Common OP unit, payable on January 16, 2024.
Warning! GuruFocus has detected 6 Warning Signs with FPI.