Armada Hoffler Properties Inc expected to post earnings of 6 cents a share - Earnings Preview

AH Realty Trust

05/08/2024 16:27

* Armada Hoffler Properties Inc  AHH.N   AHH  is expected
to show
a rise in quarterly revenue when it reports  results on August 7
for the period ending June 30 2024
    * The Virginia Beach Virginia-based  company is expected to
report
a 3.3% increase in revenue to $61.921 million from $59.95
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (SAL represents Rental Revenue)
    * ​LSEG's mean analyst estimate for Armada Hoffler
Properties Inc
is for earnings of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Armada
Hoffler
Properties Inc is $12.75​, above​ its last closing price
of $11.70. ​​​

This summary was machine generated August 5 at 15:27 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)