Centerspace reports results for the quarter ended December 31 - Earnings Summary

Centerspace

19/02/2025 17:02

* Centerspace  CSR.N  reported a quarterly adjusted loss
of 31
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of -37
cents.  The mean expectation of five analysts for the quarter
was for a loss of 20 cents per share. Wall Street expected
results to range from -30 cents to -8 cents per share.
    * Revenue rose 3.7% to $66.41 million from a year ago;
analysts
expected $65.96 million. 
    * Centerspace's reported EPS for the quarter was a loss
of 31
cents​.
    * The company reported a quarterly loss of $5.08 million.
    * Centerspace shares had fallen by 5.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the residential
reits
peer group is also "buy"

Wall Street's median 12-month price target for Centerspace is
$75.00 
This summary was machine generated from LSEG data February 19 at
05:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.19           1.21           Beat
 Sep. 30 2024      1.17           1.18           Beat
 Jun. 30 2024      1.21           1.27           Beat
 Mar. 31 2024      1.13           1.23           Beat