Apartment Income REIT Corp expected to post earnings of 22  cents a share - Earnings Preview

Apartment Income REIT

27/07/2022 03:02

* Apartment Income REIT Corp  AIRC.N   AIRC.K  is expected
to show
a rise in quarterly revenue when it reports  results on July
28. 
    * The Denver Colorado-based  company is expected to report 
a
4.2% increase in revenue to $185.74 million from $178.33 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Apartment Income
REIT
Corp is for earnings of 22 cents per share. For the same quarter
last year, the company reported a loss of 12 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"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 $45​, above​ its last closing price of $43.02. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.57        0.57       0.57      Met     -0.4
 Dec. 31 2022  0.56        0.57       0.56      Missed  -1.3
 Sep. 30 2021  0.54        0.54       0.56      Beat    3.6​
 Jun. 30 2021  0.50        0.50       0.52      Beat    4.5
 ​​Mar.        0.49        0.49       0.50      Beat    2.2
 31 2021                                                
 Dec. 31 2020  0.48        0.48       0.38      Missed  -21.3​
 This summary was machine generated July 27 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated