Investing.com - Farmland Partners reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Farmland Partners announced earnings per share of $0.01 on revenue of $13.14. Analysts polled by Investing.com anticipated EPS of $-0.02 on revenue of $9.42M.
Farmland Partners shares are up 18.91% from the beginning of the year and are trading at $14.21 , down-from-52-week-high.
Farmland Partners follows other major Real Estate sector earnings this month
Farmland Partners's report follows an earnings beat by American Tower on Thursday, who reported EPS of $1.8 on revenue of $2.67B, compared to forecasts EPS of $1.13 on revenue of $2.65B.
Prologis had beat expectations on October 19 with third quarter EPS of $1.36 on revenue of $1.75B, compared to forecast for EPS of $1.34 on revenue of $1.2B.
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