Inventrust Properties Corp reports results for the quarter ended in March - Earnings Summary

InvenTrust Properties

27/04/2023 22:02

* Inventrust Properties Corp  IVT.N  reported quarterly
adjusted
earnings of 2 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of one cent per share.
    * Revenue rose 10.9% to $65.21 million from a year ago;
analysts
expected $56.83 million. 
    * Inventrust Properties Corp's reported EPS for the quarter
was 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 77.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Inventrust Properties Corp shares had fallen by 7.7% this
quarter and lost 8.7% so far this year.
    * The company reported quarterly net income of $1.13
million.
    * Wall Street's median 12-month price target for Inventrust
Properties Corp is $25.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.01           0.02           Beat
 Dec. 31 2022      0.00           0.00           Met
 Sep. 30 2022      -0.01          0.01           Beat
 Jun. 30 2022      0.04           0.07           Beat