Necessity Retail REIT Inc expected to post earnings of 26centsa share - Earnings Preview

Necessity Retail REIT

21/02/2023 01:34

* Necessity Retail REIT Inc  RTL.OQ   RTL.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
22. 
    * The New York City-based  company is expected to report  a
42.2% increase in revenue to $117.278 million from $82.48
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Necessity Retail
REIT Inc
is for earnings of 26 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 $10.5​, above​ its last closing price of $6.66. ​​​

This summary was machine generated February 21 at 01:34 GMT. 
All figures in US dollars  unless otherwise stated