Necessity Retail REIT Inc expected to post earnings of 29 centsa share - Earnings Preview

Necessity Retail REIT

31/10/2022 23:22

* Necessity Retail REIT Inc  RTL.OQ   RTL.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
2. 
    * The New York City-based  company is expected to report  a
26.7% increase in revenue to $116.421 million from $91.92
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 29 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 $11​, above​ its last closing price of $6.84. ​​​

This summary was machine generated October 31 at 23:22 GMT.  All
figures in US dollars  unless otherwise stated