NYSE$FPI
Farmland Partners Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported financial results for the fourth quarter and full year 2022, achieving record total revenue and AFFO for the year.
Farmland Partners Inc. reported a decrease in net income for Q4 2022 compared to the same period in 2021, but an increase in AFFO. The company highlighted a strong year with record total revenue and AFFO, driven by higher rents, increased auction and brokerage fee revenue, and lower litigation expenses.
- Net income for Q4 2022 was $6.7 million, or $0.11 per share.
- AFFO for Q4 2022 was $10.0 million, or $0.18 per share.
- Total operating revenues for Q4 2022 were $21.823 million.
- Operating income for Q4 2022 was $12.473 million.
Headline financials
Revenue & EPS history
Farmland Partners · Revenue · Quarterly
$21.8M
Revenue by segment
Farmland Partners · $10.9M total across 3 segments · Q3 2023
- Rental Income$9.43M+3.9%86.4%
- Crop Sales$814K-67.1%7.5%
- Other Revenue$666K-5.5%6.1%
Forward guidance
While the overall business is solid, inflation is leading to increased interest costs, and supply chain disruptions and weather events have resulted in volatility in certain crop yields and crop prices, negatively impacting the company's bottom line.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
+1.2%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+2.5%
Avg return
30 days after
59%
29 / 49 earnings
Positive
+13.6%
Q4 2018
Best reaction
-13.4%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.9% | -7.9% | -10.5% | |
| Q4 2025 | +2.8% | +8.0% | -7.2% | |
| Q3 2025 | +2.1% | -2.1% | -2.6% | |
| Q2 2025 | +0.8% | +1.2% | +1.5% | |
| Q1 2025 | -0.3% | +3.8% | +15.3% | |
| Q4 2024 | +7.5% | +0.6% | -5.9% | |
| Q3 2024 | +6.5% | +7.7% | +15.5% | |
| Q2 2024 | -8.2% | -10.8% | -11.6% | |
| Q1 2024 | +3.2% | +3.9% | -1.0% | |
| Q4 2023 | +7.6% | +2.8% | +1.2% | |
| Q3 2023 | -1.7% | -3.6% | +18.9% | |
| Q2 2023 | -11.0% | -12.6% | -16.7% | |
| Q1 2023 | +4.6% | +5.5% | +16.4% | |
| Q4 2022 | -13.4% | -13.9% | -17.9% | |
| Q3 2022 | +5.4% | +5.9% | +0.4% | |
| Q2 2022 | -0.3% | +2.7% | +3.0% | |
| Q1 2022 | +9.7% | +4.6% | +4.3% | |
| Q4 2021 | +4.4% | +3.2% | +15.9% | |
| Q3 2021 | -4.4% | -6.5% | -0.9% | |
| Q2 2021 | -0.6% | -1.4% | +1.5% | |
| Q1 2021 | +2.8% | +0.2% | -1.4% | |
| Q4 2020 | -12.9% | -13.4% | -0.8% | |
| Q3 2020 | +9.8% | +16.5% | +27.0% | |
| Q2 2020 | -3.6% | -2.2% | -5.3% | |
| Q1 2020 | +0.2% | -7.3% | +11.9% | |
| Q4 2019 | +11.9% | +13.3% | +17.5% | |
| Q3 2019 | -2.7% | -2.8% | -2.7% | |
| Q2 2019 | +5.6% | +7.9% | +9.9% | |
| Q1 2019 | -1.2% | -0.6% | -2.9% | |
| Q4 2018 | +13.6% | +14.5% | +25.7% | |
| Q3 2018 | +0.7% | +6.9% | -15.4% | |
| Q2 2018 | -5.7% | -3.8% | -2.1% | |
| Q1 2018 | +5.2% | +0.9% | +13.9% | |
| Q4 2017 | +6.1% | +7.4% | +11.0% | |
| Q3 2017 | +4.1% | +4.9% | +3.1% | |
| Q2 2017 | +6.7% | +4.9% | -4.7% | |
| Q1 2017 | -1.4% | -4.7% | -11.4% | |
| Q4 2016 | +4.6% | +3.8% | -0.6% | |
| Q3 2016 | -2.4% | +0.4% | +7.1% | |
| Q2 2016 | +0.0% | -3.1% | -1.1% | |
| Q1 2016 | -0.3% | — | — | |
| Q4 2015 | -0.4% | — | — | |
| Q3 2015 | -1.2% | — | — | |
| Q2 2015 | +0.6% | — | — | |
| Q1 2015 | +2.2% | — | — | |
| Q4 2014 | +0.6% | — | — | |
| Q3 2014 | +1.3% | — | — | |
| Q2 2014 | -1.3% | — | — | |
| Q1 2014 | +2.3% | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — |
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