JBG SMITH Properties reports results for the quarter ended in March - Earnings Summary

JBG SMITH Properties

01/05/2024 24:41

* JBG SMITH Properties  JBGS.N  reported a quarterly
adjusted loss
of 16 cents​​ per share for the quarter ended in March, lower
than the same quarter last year, when the company reported EPS
of 19 cents.  The lone analyst forecast for the quarter was
for a loss of 30 cents per share. 
    * Revenue fell 1.1% to $122.64 million from a year ago;
analysts
expected $147.73 million. 
    * JBG SMITH Properties's reported EPS for the quarter was a
loss
of 36 cents​.
    * The company reported a quarterly loss of $32.28 million.
    * JBG SMITH Properties shares had fallen by 3.7% this
quarter and
lost 9.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "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 JBG SMITH
Properties is $16.25 
This summary was machine generated from LSEG data April 30 at
11:41 p.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
 Mar. 31 2024      0.29           0.29           Met
 Dec. 31 2023      0.29           0.38           Beat
 Sep. 30 2023      0.31           0.40           Beat
 Jun. 30 2023      0.31           0.41           Beat