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MDV — Modiv Industrial News Story

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Modiv Industrial Inc reports results for the quarter ended March 31 - Earnings Summary

Modiv Industrial Inc MDV.N reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 33 cents.  The mean expectation of three analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -17 cents to -2 cents per share.

Revenue fell 1.5% to $11.79 million from a year ago; analysts expected $11.75 million.

Modiv Industrial Inc's reported EPS for the quarter was a loss of 1 cent​.

The company reported a quarterly loss of $132 thousand.

Modiv Industrial Inc shares had fallen by 9.2% this quarter and lost 2.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 31.8% 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 5 "strong buy" or "buy," no "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 Modiv Industrial Inc is $18.00

This summary was machine generated from LSEG data May 7 at 01:32 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.320.33Beat
Dec. 31 20240.310.37Beat
Sep. 30 20240.340.34Met
Jun. 30 20240.320.34Beat

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