Inventrust Properties Corp expected to post breakeven results a share - Earnings Preview

InvenTrust Properties

26/04/2024 22:31

* Inventrust Properties Corp  IVT.N   IVT  is expected
to show a
rise in quarterly revenue when it reports  results on April 30
for the period ending March 31 2024
    * The Downers Grove Illinois-based  company is expected to
report
a 1.0% increase in revenue to $65.83 million from $65.21 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Inventrust Properties
Corp is
for breakeven results per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 Inventrust
Properties Corp is $29.00​, above​ its last closing price
of $25.18. ​​​

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  -0.02       -0.01      0.04      Beat    400.1
 Sep. 30 2023  0.01        0.02       -0.01     Missed  -160
 Jun. 30 2023  0.02        0.02       0.03      Beat    28.6​
 Mar. 31 2023  0.01        0.01       0.02      Beat    100
 ​​Dec.        0.00        0.00       0.00      Met     
 31 2022                                                
 Sep. 30 2022  -0.01       -0.01      0.01      Beat    200​
 Jun. 30 2022  0.04        0.04       0.07      Beat    75
 Mar. 31 2022  0.03        0.03       0.14      Beat    366.7
 This summary was machine generated April 26 at 21:31 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)