Inventrust Properties Corp reports results for the quarter ended in September 30 - Earnings Summary

InvenTrust Properties

30/10/2024 04:11

* Inventrust Properties Corp  IVT.N  reported a quarterly
adjusted
loss of 1 cent​​ per share for the quarter ended September 30,
identical to the same quarter last year.  The mean expectation
of three analysts for the quarter was for earnings of one cent
per share. 
    * Revenue rose 7% to $68.52 million from a year ago;
analysts
expected $67.40 million. 
    * Inventrust Properties Corp's reported EPS for the quarter
was a
loss of 1 cent​.
    * The company reported a quarterly loss of $539 thousand.
    * Inventrust Properties Corp shares had risen by 3.8% this
quarter and gained 16.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for Inventrust
Properties Corp is 32.00 
This summary was machine generated from LSEG data October 30 at
04:10 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.43           0.44           Beat
 Jun. 30 2024      0.41           0.44           Beat
 Mar. 31 2024      0.40           0.44           Beat
 Dec. 31 2023      0.39           0.41           Beat