Independence Realty Trust Inc expected to post earnings of 12 cents a share - Earnings Preview
22/04/2024 22:13
* Independence Realty Trust Inc IRT.N IRT is expected
to show
a fall in quarterly revenue when it reports results on April 24
for the period ending March 31 2024
* The Philadelphia Pennsylvania-based company is expected
to
report a 0.2% decrease in revenue to $161.029 million from
$161.37 million a year ago, according to the mean estimate from
10 analysts, based on LSEG data.
* LSEG's mean analyst estimate for Independence Realty
Trust Inc
is for earnings of 12 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.
* Wall Street's median 12-month price target for
Independence
Realty Trust Inc is $18.00, above its last closing price
of $15.83.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.30 0.30 0.30 Met 1
Sep. 30 2023 0.29 0.29 0.30 Beat 2.1
Jun. 30 2023 0.27 0.27 0.28 Beat 1.9
Mar. 31 2023 0.28 0.28 0.27 Missed -4.2
Dec. 0.28 0.29 0.29 Met 1.7
31 2022
Sep. 30 2022 0.27 0.27 0.28 Beat 3.8
Jun. 30 2022 0.26 0.26 0.26 Met 0.9
Mar. 31 2022 0.24 0.24 0.25 Beat 3.8
This summary was machine generated April 22 at 21:13 GMT. 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)