Modiv Industrial Inc expected to post earnings of 3 cents a share - Earnings Preview

Modiv Industrial

01/03/2024 13:47

* Modiv Industrial Inc  MDV.N   MDV  is expected to show a
fall in
quarterly revenue when it reports  results on March 4 for the
period ending December 31 2023
    * The Reno Nevada-based  company is expected to report a
13.4% decrease in revenue to $12.44 million from $14.37 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Modiv Industrial Inc is
for
earnings of 3 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "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 $16.50​, above​ its last closing price of $15.32. ​​​

This summary was machine generated March 1 at 13:47 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)