Centerspace expected to post a loss of 60  cents a share - Earnings Preview

Centerspace

30/04/2022 03:08

* Centerspace  CSR.N   CSR  is expected to show a rise in
quarterly revenue when it reports  results on May 2. 
    * The Minot North Dakota-based  company is expected to
report  a
27.4% increase in revenue to $59.412 million from $46.65 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Centerspace is for
a loss
of 60 cents per share. For the same quarter last year, the
company reported a loss of 49 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Centerspace
is
$110​, above​ its last closing price of $92.26. ​​​
    * 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  1.06        1.05       1.08      Beat    2.5
 Sep. 30 2021  0.97        0.96       0.98      Beat    1.8
 Jun. 30 2021  0.93        0.92       0.98      Beat    6​
 Mar. 31 2021  0.87        0.89       0.95      Beat    6.7
 ​​Dec.        0.91        0.90       1.02      Beat    13.2
 31 2020                                                
 Sep. 30 2020  0.88        0.84       0.94      Beat    11.7​
 Jun. 30 2020  0.87        0.87       0.91      Beat    4.9
 Mar. 31 2020  0.83        0.84       0.90      Beat    7.3
 This summary was machine generated April 30 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated