Necessity Retail REIT Inc expected to post earnings of 24 centsa share - Earnings Preview

Necessity Retail REIT

22/02/2022 03:03

* Necessity Retail REIT Inc  RTL.OQ   RTL.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
23. 
    * The New York City-based  company is expected to report  a
14.2% increase in revenue to $88.21 million from $77.24 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 24 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Necessity
Retail
REIT Inc is $11​, about 24.3% above​ its last closing price
of $8.33. ​​​

This summary was machine generated February 22 at 03:03 GMT. 
All figures in US dollars  unless otherwise stated