Apartment Income REIT Corp expected to post breakeven results a share - Earnings Preview

Apartment Income REIT

08/02/2022 03:03

* Apartment Income REIT Corp  AIRC.N   AIRC.K  is expected
to show
a rise in quarterly revenue when it reports  results on February
9. 
    * The Denver Colorado-based  company is expected to report 
a
6.3% increase in revenue to $184.75 million from $173.75 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Apartment Income
REIT
Corp is for breakeven results per share. For the same quarter
last year, the company reported a loss of 60 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"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 Apartment
Income
REIT Corp is $59.5​, about 12% above​ its last closing price
of $52.36. ​​​
    * 

This summary was machine generated February 8 at 03:03 GMT.  All
figures in US dollars  unless otherwise stated