Farmland Partners (FPI) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- -$0.08
- Estimate
- $0.02
- Surprise
- -495.5%
- Score at report (before → after)
- 4.3 → 4.2/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Farmland Partners (FPI) reported a wider loss than forecast — adjusted EPS of -$0.08 against the $0.02 estimate (a 495.5% shortfall). TrendMatrix's engine moved from Buy (Wait) (4.3/10) to Sell at 4.2/10 after the report.
Coverage in the report window
- Farmland Partners Lowers FY2026 FFO Guidance from $0.31-$0.35 to $0.21-$0.25 vs $0.29 Est; Lowers FY2026 Sales Guidance — benzinga, 2026-10-28
Where TrendMatrix's rating stands now
TrendMatrix currently rates FPI Sell at 4.2/10.
1 of the last 4 quarters beat the estimate; this quarter's -495.5% surprise compares with a -156.1% four-quarter average. Next scheduled report: 2027-02-24.
What argues against it
- Analyst target reached - limited upside remaining
- Sector modifier (Real Estate): -1.2
- Consecutive earnings misses (3)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $10.13
- Stop
- $9.65
Forward estimates sit below the trailing run-rate (42.2× forward vs 19.9× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
FPI at TrendMatrix's latest read
REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.
- Industry
- REIT - Specialty
- Market cap
- $444.9M
- P/E (fwd)
- 42.2
- P/E (ttm)
- 19.9
- 52-week range
- $9.21–$13.22
- Off 52-week high
- 23.4%
- RSI (14)
- 40
- Volume vs avg
- 0.82×
- Score today
- 4.2/10