Necessity Retail REIT Inc expected to post earnings of 23 centsa share - Earnings Preview

Necessity Retail REIT

03/05/2022 03:12

* Necessity Retail REIT Inc  RTL.OQ   RTL.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 4. 
    * The New York City-based  company is expected to report  a
16.4% increase in revenue to $92.149 million from $79.19 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Necessity Retail
REIT Inc
is for earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "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 had risen by
about 1.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Necessity
Retail
REIT Inc is $11​, above​ its last closing price of $7.31. ​​​

This summary was machine generated May 3 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated