Inventrust Properties Corp expected to post earnings of 2  cents a share - Earnings Preview

InvenTrust Properties

29/07/2023 03:03

* Inventrust Properties Corp  IVT.N   IVT  is expected
to show a
rise in quarterly revenue when it reports  results on July 31. 
    * The Downers Grove Illinois-based  company is expected to
report 
a 4.9% increase in revenue to $62.802 million from $59.89
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Inventrust
Properties
Corp is for earnings of 2 cents 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 $25​, above​ its last closing price
of $24.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.01        0.01       0.02      Beat    100
 Dec. 31 2023  0.00        0.00       0.00      Met     
 Sep. 30 2022  -0.01       -0.01      0.01      Beat    200​
 Jun. 30 2022  0.04        0.04       0.07      Beat    75
 ​​Mar.        0.03        0.03       0.14      Beat    366.7
 31 2022                                                
                                                        ​
 This summary was machine generated July 29 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated