CorEnergy Infrastructure Trust Inc expected to post earnings of 1 cents a share - Earnings Preview

Corenergy Infrastructure Trust

06/08/2021 13:06

* CorEnergy Infrastructure Trust Inc  CORR.N   CORR.K  is
expected to show a rise in quarterly revenue when it reports
results on August 9. 
* The Kansas City, Missouri-based company is expected to report 
 a 461.4% increase in revenue to $31.178 million from $5.55
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for CorEnergy
Infrastructure Trust Inc is for earnings of 1 cents per share.
For the same quarter last year, the company reported a loss of
$10.24 per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for CorEnergy
Infrastructure Trust Inc is $6​, about 15.5% above​ its last
closing price of $5.07. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.40       -0.40      -1.07     Missed  -167.5
 Dec. 31 2020  -0.39       -0.39      -0.36     Beat    7.7
 Sep. 30 2020  -0.41       -0.41      -0.46     Missed  -10.8​
 Mar.          -12.20​     -12.20     -12.04    Beat    1.3​
 31​ 2020​                                              
 Dec. 31 2019  0.51        0.51       0.55      Beat    8.9​
 Sep. 30 2019  0.60        0.60       -1.65     Missed  -375
 Jun. 30 2019  0.49        0.49       0.59      Beat    19.9
 This summary was machine generated August 6 at 12:06 GMT.  All
figures in US dollars unless otherwise stated