Centerspace CSR.N reported quarterly breakeven results per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -19 cents. The mean expectation of five analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -15 cents to -9 cents per share.
Revenue rose 5.4% to $68.55 million from a year ago; analysts expected $67.86 million.
Centerspace's reported EPS for the quarter was a loss of 87 cents.
The company reported a quarterly loss of $14.52 million.
Centerspace shares had fallen by 10.0% this quarter and lost 18.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.5% 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 6 "strong buy" or "buy," 5 "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 $69.00, about 21.1% above its last closing price of $54.42
This summary was machine generated from LSEG data August 4 at 10:33 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)