Independence Realty Trust Inc expected to post earnings of 9 cents a share - Earnings Preview
29/10/2024 03:00
* Independence Realty Trust Inc IRT.N IRT is expected
to show
a fall in quarterly revenue when it reports results on October
30 for the period ending September 30 2024
* The Philadelphia Pennsylvania-based company is expected
to
report a 5.1% decrease in revenue to $159.939 million from
$168.61 million a year ago, according to the mean estimate from
9 analysts, based on LSEG data. (SAL represents Property /
Total/ Rental income basis)
* LSEG's mean analyst estimate for Independence Realty
Trust Inc
is for earnings of 9 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and 1 "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
Independence
Realty Trust Inc is 21.00, above its last closing price
of $19.86.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 0.28 0.28 0.28 Met 0.6
Mar. 31 2024 0.27 0.27 0.27 Met -0.9
Dec. 31 2023 0.30 0.30 0.30 Met 1
Sep. 30 2023 0.29 0.29 0.30 Beat 2.1
Jun. 0.27 0.27 0.28 Beat 1.9
30 2023
Jan. 1 0001 0.28 0.28 0.27 Missed -4.2
Dec. 31 2022 0.28 0.29 0.29 Met 1.7
Sep. 30 2022 0.27 0.27 0.28 Beat 3.8
This summary was machine generated October 29 at 02:59 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)