Apartment Income REIT Corp expected to post earnings of 19cents a share - Earnings Preview

Apartment Income REIT

02/11/2022 02:12

* Apartment Income REIT Corp  AIRC.N   AIRC.K  is expected
to show
a rise in quarterly revenue when it reports  results on November
3. 
    * The Denver Colorado-based  company is expected to report 
a
1.2% increase in revenue to $194.171 million from $191.78
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Apartment Income
REIT
Corp is for earnings of 19 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 2 "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 $46.5​, above​ its last closing price of $38.47.
​​​

The company's guidance on July 28 2022 for the period ended
September 30 was for Funds Flow from Operations between USD0.54
and USD0.58.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.67        0.67       0.66      Missed  -1
 Mar. 31 2022  0.57        0.57       0.57      Met     -0.4
 Dec. 31 2021  0.56        0.57       0.56      Missed  -1.3​
 Sep. 30 2021  0.54        0.54       0.56      Beat    3.6
 ​​Jun.        0.50        0.50       0.52      Beat    4.5
 30 2021                                                
 Mar. 31 2021  0.49        0.49       0.50      Beat    2.2​
 Dec. 31 2020  0.48        0.48       0.38      Missed  -21.3
 This summary was machine generated November 2 at 02:12 GMT.  All
figures in US dollars  unless otherwise stated