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NASDAQ:LAND
Gladstone Land Corporation Stock Earnings Reports
$10.51
+0.0600 (+0.574%)
At Close: Mar 24, 2025
Gladstone Land Earnings Calls
Q4 2024
Beat
$0.0900 (190.00%)
| Release date | Feb 19, 2025 |
| EPS estimate | -$0.100 |
| EPS actual | $0.0900 |
| EPS Surprise | 190.00% |
| Revenue estimate | 20.451M |
| Revenue actual | 21.096M |
| Revenue Surprise | 3.16% |
Q3 2024
| Release date | Nov 06, 2024 |
| EPS estimate | $0.130 |
| EPS actual | $0.130 |
| Revenue estimate | 21.693M |
| Revenue actual | 22.571M |
| Revenue Surprise | 4.05% |
Q2 2024
Missed
$0.100 (-16.67%)
| Release date | Aug 08, 2024 |
| EPS estimate | $0.120 |
| EPS actual | $0.100 |
| EPS Surprise | -16.67% |
| Revenue estimate | 20.14M |
| Revenue actual | 21.297M |
| Revenue Surprise | 5.74% |
Q1 2024
Missed
$0.140 (-6.67%)
| Release date | May 07, 2024 |
| EPS estimate | $0.150 |
| EPS actual | $0.140 |
| EPS Surprise | -6.67% |
| Revenue estimate | 22.31M |
| Revenue actual | 20.252M |
| Revenue Surprise | -9.22% |
Last 4 Quarters for Gladstone Land
Below you can see how LAND performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q1 2024
Missed
| Release date | May 07, 2024 |
| Fiscal end date | Mar 31, 2024 |
| Price on release | $13.05 |
| EPS estimate | $0.150 |
| EPS actual | $0.140 |
| EPS surprise | -6.67% |
| Date | Price |
|---|---|
| May 01, 2024 | $12.76 |
| May 02, 2024 | $13.01 |
| May 03, 2024 | $12.92 |
| May 06, 2024 | $12.98 |
| May 07, 2024 | $13.05 |
| May 08, 2024 | $13.22 |
| May 09, 2024 | $13.32 |
| May 10, 2024 | $13.39 |
| May 13, 2024 | $13.14 |
| 4 days before | 2.27% |
| 4 days after | 0.690% |
| On release day | 1.30% |
| Change in period | 2.98% |
Q2 2024
Missed
| Release date | Aug 08, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $13.97 |
| EPS estimate | $0.120 |
| EPS actual | $0.100 |
| EPS surprise | -16.67% |
| Date | Price |
|---|---|
| Aug 02, 2024 | $14.43 |
| Aug 05, 2024 | $13.75 |
| Aug 06, 2024 | $13.95 |
| Aug 07, 2024 | $13.82 |
| Aug 08, 2024 | $13.97 |
| Aug 09, 2024 | $13.79 |
| Aug 12, 2024 | $13.61 |
| Aug 13, 2024 | $13.68 |
| Aug 14, 2024 | $13.60 |
| 4 days before | -3.19% |
| 4 days after | -2.65% |
| On release day | -1.29% |
| Change in period | -5.75% |
Q3 2024
| Release date | Nov 06, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $13.66 |
| EPS estimate | $0.130 |
| EPS actual | $0.130 |
| Date | Price |
|---|---|
| Oct 31, 2024 | $13.03 |
| Nov 01, 2024 | $13.12 |
| Nov 04, 2024 | $13.26 |
| Nov 05, 2024 | $13.59 |
| Nov 06, 2024 | $13.66 |
| Nov 07, 2024 | $13.38 |
| Nov 08, 2024 | $12.91 |
| Nov 11, 2024 | $12.57 |
| Nov 12, 2024 | $12.34 |
| 4 days before | 4.83% |
| 4 days after | -9.66% |
| On release day | -2.05% |
| Change in period | -5.30% |
Q4 2024
Beat
| Release date | Feb 19, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $11.52 |
| EPS estimate | -$0.100 |
| EPS actual | $0.0900 |
| EPS surprise | 190.00% |
| Date | Price |
|---|---|
| Feb 12, 2025 | $11.59 |
| Feb 13, 2025 | $11.67 |
| Feb 14, 2025 | $11.62 |
| Feb 18, 2025 | $11.69 |
| Feb 19, 2025 | $11.52 |
| Feb 20, 2025 | $11.67 |
| Feb 21, 2025 | $11.11 |
| Feb 24, 2025 | $11.15 |
| Feb 25, 2025 | $11.42 |
| 4 days before | -0.604% |
| 4 days after | -0.87% |
| On release day | 1.30% |
| Change in period | -1.47% |
Gladstone Land Earnings Call Transcript Summary of Q4 2024
Portfolio Overview
- Owned approximately 103,000 acres on 150 farms across 15 states with a total asset value of around $1.3 billion.
- Significant water assets (over 55,000 acre-feet) primarily in California and leased to over 65 tenant farmers producing more than 60 crop types, mainly fruits, vegetables, and nuts.
Investment Strategy
- Cautious investment strategy due to high cost of capital and low cap rates on farmland, with a focus on cash conservation amid market uncertainty.
- Acquired and sold various farms, including:
- 11 blueberry farms in Michigan (due to sustained negative net operating income)
- Five farms in Florida (with a substantial profit)
- Two in the Midwest (for a modest gain)
Lease and Revenue Structure Adjustments
- In response to lower crop prices and high input costs, the company adjusted lease agreements to include more participation rent structures. The focus on cash conservation, coupled with a transition to a revenue-sharing model may enhance future profitability, especially if crop yields recover. Despite the challenges faced, the company remains optimistic about long-term growth in farmland value and revenue potential from crop production.
Gladstone Land Earnings History
Earnings Calendar
FAQ
When is the earnings report for LAND?
Gladstone Land Corporation (LAND) has scheduled its earnings report for May 06, 2025 after the markets close.
What is the LAND price-to-earnings (P/E) ratio?
LAND P/E ratio as of Mar 24, 2025 (TTM) is 28.24.
What is the LAND EPS forecast?
The forecasted EPS (Earnings Per Share) for Gladstone Land Corporation (LAND) for the first fiscal quarter 2025 is $0.0600.
What are Gladstone Land Corporation's retained earnings?
On its balance sheet, Gladstone Land Corporation reported retained earnings of $21.10 million for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
