MCLEAN, Va. (AP) 鈥� MCLEAN, Va. (AP) 鈥� Gladstone Land Corp. (LAND) on Tuesday reported a loss in a key measure in its second quarter.
The McLean, Virginia-based real estate investment trust said it had a funds from operations loss of $1.6 million, or 4 cents per share, in the period.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had a loss of $13.5 million, or 32 cents per share.
The real estate investment trust specializing in farmland, based in McLean, Virginia, posted revenue of $12.7 million in the period.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/LAND
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
