Apartment Income REIT Corp expected to post earnings of 39  cents a share - Earnings Preview

Apartment Income REIT

30/04/2022 03:05

* Apartment Income REIT Corp  AIRC.N   AIRC.K  is expected
to show
a rise in quarterly revenue when it reports  results on May 2. 
    * The Denver Colorado-based  company is expected to report 
a
8.6% increase in revenue to $189.787 million from $174.73
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 39 cents per share. For the same quarter
last year, the company reported earnings of 56 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 had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Apartment
Income
REIT Corp is $59​, above​ its last closing price of $49.17. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.50        0.50       0.52      Beat    4.5​
 Mar. 31 2021  0.49        0.49       0.50      Beat    2.2
 ​​Dec.        0.48        0.48       0.38      Missed  -21.3
 31 2020                                                
                                                        ​
 This summary was machine generated April 30 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated