Inventrust Properties Corp expected to post earnings of 1 cent a share - Earnings Preview

InvenTrust Properties

30/07/2024 01:28

* Inventrust Properties Corp  IVT.N   IVT  is expected
to show a
rise in quarterly revenue when it reports  results on July 31
for the period ending June 30 2024
    * The Downers Grove Illinois-based  company is expected to
report
a 3.1% increase in revenue to $66.717 million from $64.69
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. (SAL represents Real Estate/Total
income basis)
    * ​LSEG's mean analyst estimate for Inventrust Properties
Corp is
for earnings of 1 cent 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 average consensus recommendation for the commercial
reits
peer group is also "Hold".​
    * Wall Street's median 12-month price target for Inventrust
Properties Corp is $29.00​, above​ its last closing price
of $26.44. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.01        0.00       0.04      Beat    
 Dec. 31 0001  -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
 ​​Jan.        0.01        0.01       0.02      Beat    100
 1 0001                                                 
 Dec. 31 2022  0.00        0.00       0.00      Met     ​
 Sep. 30 2022  -0.01       -0.01      0.01      Beat    200
 Jan. 1 0001   0.04        0.04       0.07      Beat    75
 This summary was machine generated July 30 at 00:27 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)