Innovative Industrial Properties Inc expected to post earnings of $1.36 a share - Earnings Preview

Innovative Industrial Properties

17/02/2025 21:09

* Innovative Industrial Properties Inc  IIPR.N   IIPR.K  is
expected to show a fall in quarterly revenue when it reports 
results on February 19 for the period ending December 31 2024
    * The Park City Utah-based  company is expected to report a
3.4% decrease in revenue to $76.445 million from $79.16 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Innovative Industrial
Properties Inc is for earnings of $1.36 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"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 Innovative
Industrial Properties Inc is $78.00​, above​ its last closing
price of $73.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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.        2.17        2.19       2.29      Beat    4.7
 30 2023                                                
 Jun. 30 2023  2.19        2.15       2.26      Beat    5.1​
 Mar. 31 2023  1.97        2.00       2.25      Beat    12.6
 Dec. 31 2022  2.04        2.04       2.12      Beat    3.8
 This summary was machine generated February 17 at 21:09 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)