Centerspace reports results for the quarter ended March 31 - Earnings Summary
02/05/2025 04:51
Centerspace CSR.N reported a quarterly adjusted loss of 22 cents per share for the quarter ended March 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 18 cents per share. Wall Street expected results to range from -20 cents to -16 cents per share. Revenue rose 4% to $67.09 million from a year ago; analysts expected $66.67 million. Centerspace's reported EPS for the quarter was a loss of 22 cents. The company reported a quarterly loss of $3.73 million. Centerspace shares had fallen by 6.8% this quarter and lost 8.8% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 1.4% 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," 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 $71.50 This summary was machine generated from LSEG data May 2 at 03:51 a.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 |
| Mar. 31 2025 | 1.22 | 1.21 | 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 |