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181 days

Farmland Partners Inc. Reports Full Year 2024 Results

1. FPI's 2024 net income increased to $61.5 million, showing strong growth. 2. AFFO rose to $14.1 million, reflecting improved operational performance.

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$11.6402/19 04:18 PM EDTEvent Start

$12.5102/20 10:57 PM EDTLatest Updated
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FAQ

Why Very Bullish?

Significant growth in net income and AFFO indicates financial health, potentially driving FPI's stock value upward. Historical examples show stock prices often rise after robust earnings reports, altering investor sentiment positively.

How important is it?

Earnings reports are critical for stock evaluation; strong results can significantly impact market capitalization and investor strategies. Given FPI's growth, this article is likely to influence investor perceptions and actions.

Why Long Term?

Improvements in financial metrics suggest sustained growth potential, enhancing long-term investor confidence. Past performance metrics, when consistently high, have led to prolonged stock price increases.

Related Companies

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (“FPI” or the “Company”) today reported financial results for the year ended December 31, 2024. Selected Highlights During the year ended December 31, 2024, the Company: recorded net income of $61.5 million, or $1.19 per share available to common stockholders, compared to $31.7 million, or $0.55 per share available to common stockholders for the same period in 2023; recorded AFFO of $14.1 million, or $0.29 per share, compared to $8.1 m.

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