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

Necessity Retail REIT

08/05/2023 18:54

* Necessity Retail REIT Inc  RTL.OQ   RTL.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 10. 
    * The New York City-based  company is expected to report  a
25.1% increase in revenue to $118.741 million from $94.94
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 $5.47. ​​​

This summary was machine generated May 8 at 17:54 GMT.  All
figures in US dollars  unless otherwise stated