Lineage Inc reports results for the quarter ended in September 30 - Earnings Summary

Lineage

07/11/2024 15:10

* Lineage Inc  LINE.OQ  reported a quarterly adjusted loss
of
$2.44​​ per share for the quarter ended September 30.  The mean
expectation of eight analysts for the quarter was for a loss of
$1.19 per share. Wall Street expected results to range from
$-1.74 to 32 cents per share.
    * Revenue was $1.34 billion​; analysts expected $1.33
billion. 
    * Lineage Inc's reported EPS for the quarter was a loss of
$2.44​.
    * The company reported a quarterly loss of $485 million.
    * Lineage Inc shares had fallen by 13.5% this quarter.

FORECAST CHANGES
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "buy"

Wall Street's median 12-month price target for Lineage Inc is
92.00 
This summary was machine generated from LSEG data November 7 at
03:10 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
 Sep. 30 2024      0.78           0.90           Beat
 Jun. 30 2024      0.80           0.84           Beat