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

AH Realty Trust

02/11/2024 02:17

* Armada Hoffler Properties Inc  AHH.N   AHH  is expected
to show
a rise in quarterly revenue when it reports  results on November
4 for the period ending September 30 2024
    * The Virginia Beach Virginia-based  company is expected to
report
a 3.3% increase in revenue to $65.012 million from $62.91
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," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Armada
Hoffler
Properties Inc is $12.00​, above​ its last closing price
of $10.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.31        0.31       0.34      Beat    11.4
 Mar. 31 2024  0.30        0.30       0.33      Beat    8.3
 Dec. 31 2023  0.32        0.32       0.31      Missed  -3​
 Sep. 30 2023  0.31        0.32       0.31      Missed  -1.7
 ​​Jun.        0.31        0.31       0.35      Beat    11.9
 30 2023                                                
 Mar. 31 2023  0.31        0.30       0.30      Met     -1.1​
 Dec. 31 2022  0.32        0.32       0.35      Beat    9.7
 Sep. 30 2022  0.29        0.30       0.26      Missed  -11.9
 This summary was machine generated November 2 at 02:17 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)