American Finance Trust Inc expected to post earnings of 26 cents a share - Earnings Preview

Necessity Retail REIT

02/11/2021 02:10

* American Finance Trust Inc  AFIN.OQ   AFIN.O  is expected
to show a rise in quarterly revenue when it reports  results on
November 3. 
* The New York City, New York-based company is expected to
report  a 6.3% increase in revenue to $83.409 million from
$78.49 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for American Finance Trust
Inc is for earnings of 26 cents per share. For the same quarter
last year, the company reported a loss of 5 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 American
Finance Trust Inc is $11​, about 22.2% above​ its last closing
price of $8.56. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   0.23        0.23       0.26      Beat    15.6
 2021                                                   
 Dec. 312020   0.23        0.23       0.24      Beat    4.3​
 Sep. 302020   0.23        0.23       0.23      Met     0
 ​​Jun.        0.23        0.23       0.20      Missed  -14.3
 302020                                                 
 Mar. 312020   0.19        0.23       0.23      Met     2.2​
 Dec. 312019   0.23        0.24       0.24      Met     2.1
 Sep. 302019   0.25        0.25       0.22      Missed  -10.2
 This summary was machine generated November 2 at 02:09 GMT.  All
figures in US dollars unless otherwise stated