Investing.com - Gladstone Land reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Gladstone Land announced earnings per share of $-0.10 on revenue of $24.21M. Analysts polled by Investing.com anticipated EPS of $-0.07 on revenue of $22.1M.
Gladstone Land shares are down 16% from the beginning of the year and are trading at $19.92 , down-from-52-week-high.
Gladstone Land follows other major Real Estate sector earnings this month
Gladstone Land's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.15B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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