Innovative Industrial Properties Inc IIPR.N, IIPR.K is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025
The Park City Utah-based company is expected to report a 5.4% decrease in revenue to $71.395 million from $75.45 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.
LSEG's mean analyst estimate for Innovative Industrial Properties Inc is for earnings of $1.19 per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and 2 "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 Innovative Industrial Properties Inc is $56.00, above its last closing price of $54.73.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
1.98
2.04
2.22
Beat
9.1
Sep. 30 2024
2.26
2.27
2.25
Missed
-1
Jun. 30 2024
2.25
2.22
2.29
Beat
3.3
Mar. 31 2024
2.15
2.16
2.21
Beat
2.1
Dec. 31 2023
2.21
2.21
2.28
Beat
3
Sep. 30 2023
2.17
2.19
2.29
Beat
4.7
Jun. 30 2023
2.19
2.15
2.26
Beat
5.1
Mar. 31 2023
1.97
2.00
2.25
Beat
12.6
This summary was machine generated May 5 at 22:41 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)