American Farmland Co (AFCO) Releases Earnings Results, Misses Expectations By $-0.08 EPS

American Farmland Co (AFCO) reported quarterly earnings results on Monday, Aug-15-2016. The company reported $-0.01 earnings per share for the quarter, missing the analyst consensus estimate by $-0.08. Analysts had a consensus of $0.07. The company posted revenue of $3.08 million in the period, compared to analysts expectations of $3.19 million. The company’s revenue was up 9.6% compared to the same quarter last year.

In a different news, on Oct 22, 2015, Mark Wilkinson (director) purchased 1,000 shares at $8.00 per share price. According to the SEC, on Oct 22, 2015, Lindsey B. Sichel (officer ) purchased 625 shares at $8.00 per share price. On Oct 22, 2015, Harrison T. Lefrak (director) purchased 125,000 shares at $8.00 per share price, according to the Form-4 filing with the securities and exchange commission.

American Farmland Company is a real estate company which is focused on cropland investments located in the United States. The Company operates through four segments: Permanent Crop Segment which produces fruits and tree nuts such as fruits and nuts grown on trees and vines including grapes cranberries apples citrus fruit almonds walnuts pistachios cherries figs peaches pears plums and prunes; Specialty/Vegetable Row Crop Segment which provides vegetable products such as tomatoes lettuce carrots beans beets cabbage cauliflower eggplant onions spinach peas sweet potatoes and melon crops; Commodity row crop Segment which offers field crops such as corn wheat soybean rice cotton oats rye barley sorghum potatoes and hay and Development segment which consists of its Blue Cypress Farm Roadrunner Ranch Condor Ranch Grassy Island Groves Pintail Vineyards and Hawk Creek Ranch properties.

American Farmland Co

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