Centerspace reports results for the quarter ended in September - Earnings Summary

Centerspace

31/10/2023 15:34

* Centerspace  CSR.N  reported quarterly adjusted earnings
of 41
cents​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for a loss
of 28 cents per share.
    * Revenue fell 1.3% to $64.57 million from a year ago;
analysts
expected $65.26 million. 
    * Centerspace's reported EPS for the quarter was 41 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Centerspace shares had fallen by 19.3% this quarter and
lost 17.1% so far this year.
    * The company reported quarterly net income of $6.17
million.
    * Wall Street's median 12-month price target for Centerspace
is
$64.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 31 at 03:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.15           1.20           Beat
 Jun. 30 2023      1.08           1.28           Beat
 Mar. 31 2023      1.07           1.07           Met
 Dec. 31 2022      1.20           1.17           Missed