Armada Hoffler Properties Inc reports results for the quarter ended in September 30 - Earnings Summary

AH Realty Trust

05/11/2024 07:57

* Armada Hoffler Properties Inc  AHH.N  reported a quarterly
adjusted loss of 11 cents​​ per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of 6 cents.  The mean expectation of
three analysts for the quarter was for earnings of 6 cents per
share. Wall Street expected results to range from 2 cents to 9
cents per share.
    * Revenue rose 9% to $68.60 million from a year ago;
analysts
expected $65.01 million. 
    * Armada Hoffler Properties Inc's reported EPS for the
quarter was
a loss of 10 cents​.
    * The company reported a quarterly loss of $10.42 million.
    * Armada Hoffler Properties Inc shares had risen by 0.7%
this
quarter and lost 11.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the diversified
reits
peer group is also "buy"

Wall Street's median 12-month price target for Armada Hoffler
Properties Inc is 12.00 
This summary was machine generated from LSEG data November 5 at
07:57 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.30           0.35           Beat
 Jun. 30 2024      0.31           0.34           Beat
 Mar. 31 2024      0.30           0.33           Beat
 Dec. 31 2023      0.32           0.31           Missed