Modiv Industrial Inc expected to post a loss of 5 cents a share - Earnings Preview

Modiv Industrial

02/08/2024 18:18

* Modiv Industrial Inc  MDV.N   MDV  is expected to show a
fall in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Reno Nevada-based  company is expected to report a
0.5% decrease in revenue to $11.774 million from $11.84 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Modiv Industrial Inc is
for a
loss of 5 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "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 Modiv
Industrial
Inc is $18.00​, above​ its last closing price of $14.81. ​​​

This summary was machine generated August 2 at 17:18 GMT.  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)