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

Necessity Retail REIT

01/08/2023 03:05

* Necessity Retail REIT Inc  RTL.OQ   RTL.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 2. 
    * The New York City-based  company is expected to report  a
3.0% decrease in revenue to $113.38 million from $116.93 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 2 "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 Necessity
Retail
REIT Inc is $9.5​, above​ its last closing price of $7.10. ​​​

This summary was machine generated August 1 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated