Innovative Industrial Properties Inc expected to post earnings of $1.42 a share - Earnings Preview

Innovative Industrial Properties

31/10/2023 01:44

* Innovative Industrial Properties Inc  IIPR.N   IIPR.K  is
expected to show a rise in quarterly revenue when it reports 
results on November 1. 
    * The Park City Utah-based  company is expected to report  a
8.0% increase in revenue to $76.562 million from $70.88 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Innovative
Industrial
Properties Inc is for earnings of $1.42 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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 Innovative
Industrial Properties Inc is $95​, above​ its last closing price
of $70.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2022  2.05        2.04       2.13      Beat    4.2
 ​​Jun.        2.06        2.08       2.14      Beat    3
 30 2022                                                
 Mar. 31 2022  1.99        1.98       2.04      Beat    3.1​
 Dec. 31 2021  1.81        1.81       1.85      Beat    2.2
 Sep. 30 2021  1.68        1.68       1.71      Beat    1.7
 This summary was machine generated October 31 at 01:44 GMT.  All
figures in US dollars  unless otherwise stated