The earnings call highlighted the company's strong liquidity and diversified farmland assets, while also addressing significant challenges such as decreased FFO and reduced fixed base cash rents. The expectation of lower revenues and the upcoming term preferred stock challenge add to the cautious outlook.

Company Guidance -

Q1 2025

In the first quarter earnings call for Gladstone Land Corporation, the company provided guidance indicating a shift in their lease structures resulting in a projected $17 million year-over-year decline in fixed base rents for fiscal year 2025 compared to 2024. This shift is due to the introduction of participation rent structures on eight properties, which will primarily recognize revenues in the fourth quarter of 2025 and into 2026. Additionally, the company reported a net income of $15.1 million and net income to common shareholders of $9.1 million, or $0.25 per share, for the quarter. Adjusted funds from operations (FFO) decreased to approximately $2 million, or $0.06 per share, from $5.1 million, or $0.14 per share, in the same quarter last year. The company declared dividends of $0.14 per share in both the current and previous year quarters. Gladstone also emphasized their cautious approach towards new investments due to high interest rates and cost of capital, while maintaining a strong liquidity position with over $180 million in available capital.

Diverse Farmland Holdings

Gladstone Land Corporation holds approximately 103,000 acres across 50 farms and 55,000 acre-feet of water assets, leased to over 80 tenant farmers growing 60 different crops.

Improved Almond Pricing

The company has observed positive movements in almond pricing and stable pistachio markets, which are expected to contribute positively during the year's crop harvest.

Strong Liquidity Position

Gladstone Land Corporation has over $180 million in capital access, including $40 million cash on hand and nearly $150 million of unpledged properties, with 99.9% of borrowings at fixed rates averaging 3.41%.

Gladstone Land (LAND) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LAND Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2025	2025 (Q2)	-0.22 / -	-0.186	―	―	―
May 12, 2025	2025 (Q1)	-0.07 / 0.25	0.208	21.15% (+0.04)	―
Feb 19, 2025	2024 (Q4)	-0.12 / -0.15	-0.12	-25.83% (-0.03)	―
Nov 06, 2024	2024 (Q3)	-0.10 / -0.16	-0.083	-93.98% (-0.08)
Aug 08, 2024	2024 (Q2)	-0.12 / -0.19	0.048	-487.50% (-0.23)	―
May 07, 2024	2024 (Q1)	-0.10 / 0.21	-0.122	270.49% (+0.33)	―
Feb 20, 2024	2023 (Q4)	-0.07 / -0.12	-0.138	13.04% (+0.02)	―
Nov 07, 2023	2023 (Q3)	-0.09 / -0.08	-0.104	20.19% (+0.02)	―
Aug 07, 2023	2023 (Q2)	-0.13 / 0.05	-0.112	142.86% (+0.16)	―
May 08, 2023	2023 (Q1)	-0.09 / -0.12	-0.079	-54.43% (-0.04)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LAND Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 12, 2025	$9.56	$9.82	+2.72%
Feb 19, 2025	$11.31	$11.45	+1.24%
Nov 06, 2024	$13.12	$13.18	+0.46%
Aug 08, 2024	$13.34	$13.17	-1.27%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Gladstone Land (LAND) report earnings?

Gladstone Land (LAND) is schdueled to report earning on Aug 06, 2025, After Close (Confirmed).

What is Gladstone Land (LAND) earnings time?

Gladstone Land (LAND) earnings time is at Aug 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LAND EPS forecast?

LAND EPS forecast for the fiscal quarter 2025 (Q2) is -0.22.

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