Gladstone Land Past Earnings Performance
Past criteria checks 0/6
Gladstone Land's earnings have been declining at an average annual rate of -45%, while the Specialized REITs industry saw earnings growing at 19.4% annually. Revenues have been growing at an average rate of 21.1% per year.
Key information
-45.0%
Earnings growth rate
-38.9%
EPS growth rate
| Specialized REITs Industry Growth | 18.0% |
| Revenue growth rate | 21.1% |
| Return on equity | 2.0% |
| Net Margin | -10.9% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Gladstone Land: Speculating On A 7.4% Yield To Mandatory Call On Preferreds
Mar 30Gladstone Land: Recent Real Estate Transaction Validates Portfolio Value
Feb 06Gladstone Land goes ex-dividend tomorrow
Oct 19Gladstone Land Has Become Interesting Again
Oct 13Gladstone Land reduces series C preferred stock offering to $255M
Aug 24Gladstone Land: Growth Slowing, Debt Load Rising
Aug 12Gladstone Land acquires vineyards in Washington, Oregon for $37.3M
Jul 25Gladstone Land raises dividend 0.4% to $0.0456 dividend
Jul 18Gladstone Land: Current Valuation Is A Downside Risk
Jun 02Gladstone Land: High Premium To NAV Limits Upside And Introduces Downside Risk
Jan 31Gladstone Land: Not Your Typical REIT
Jan 08Gladstone Land acquires Blueberry Orchard in New Jersey
Jun 07What Type Of Shareholders Make Up Gladstone Land Corporation's (NASDAQ:LAND) Share Registry?
Mar 17
Revenue & Expenses BreakdownBeta
How Gladstone Land makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 90 | -10 | 7 | 0 |
| 30 Sep 23 | 91 | -10 | 8 | 0 |
| 30 Jun 23 | 91 | -11 | 7 | 0 |
| 31 Mar 23 | 90 | -17 | 7 | 0 |
| 31 Dec 22 | 89 | -15 | 8 | 0 |
| 30 Sep 22 | 87 | -12 | 8 | 0 |
| 30 Jun 22 | 83 | -10 | 8 | 0 |
| 31 Mar 22 | 79 | -9 | 8 | 0 |
| 31 Dec 21 | 75 | -9 | 8 | 0 |
| 30 Sep 21 | 68 | -10 | 7 | 0 |
| 30 Jun 21 | 62 | -9 | 6 | 0 |
| 31 Mar 21 | 58 | -8 | 6 | 0 |
| 31 Dec 20 | 57 | -4 | 7 | 0 |
| 30 Sep 20 | 55 | -3 | 6 | 0 |
| 30 Jun 20 | 52 | -2 | 6 | 0 |
| 31 Mar 20 | 48 | -1 | 5 | 0 |
| 31 Dec 19 | 41 | -2 | 4 | 0 |
| 30 Sep 19 | 35 | -3 | 3 | 0 |
| 30 Jun 19 | 32 | 3 | 3 | 0 |
| 31 Mar 19 | 35 | 2 | 3 | 0 |
| 31 Dec 18 | 37 | 2 | 3 | 0 |
| 30 Sep 18 | 35 | 3 | 3 | 0 |
| 30 Jun 18 | 34 | -2 | 3 | 0 |
| 31 Mar 18 | 29 | 0 | 3 | 0 |
| 31 Dec 17 | 25 | 0 | 3 | 0 |
| 30 Sep 17 | 23 | 0 | 3 | 0 |
| 30 Jun 17 | 21 | 0 | 3 | 0 |
| 31 Mar 17 | 19 | 0 | 3 | 0 |
| 31 Dec 16 | 17 | 0 | 2 | 0 |
| 30 Sep 16 | 16 | 1 | 2 | 0 |
| 30 Jun 16 | 14 | 1 | 2 | 0 |
| 31 Mar 16 | 13 | 1 | 2 | 0 |
| 31 Dec 15 | 12 | 1 | 2 | 0 |
| 30 Sep 15 | 11 | 0 | 2 | 0 |
| 30 Jun 15 | 10 | 0 | 2 | 0 |
| 31 Mar 15 | 8 | 0 | 2 | 0 |
| 31 Dec 14 | 7 | 0 | 2 | 0 |
| 30 Sep 14 | 6 | -1 | 2 | 0 |
| 30 Jun 14 | 5 | -2 | 2 | 0 |
| 31 Mar 14 | 5 | -1 | 2 | 0 |
| 31 Dec 13 | 4 | -1 | 1 | 0 |
| 30 Sep 13 | 4 | 0 | 1 | 0 |
| 30 Jun 13 | 4 | 0 | 1 | 0 |
Quality Earnings: LAND is currently unprofitable.
Growing Profit Margin: LAND is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LAND is unprofitable, and losses have increased over the past 5 years at a rate of 45% per year.
Accelerating Growth: Unable to compare LAND's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LAND is unprofitable, making it difficult to compare its past year earnings growth to the Specialized REITs industry (10.1%).
Return on Equity
High ROE: LAND has a negative Return on Equity (2.02%), as it is currently unprofitable.