One Liberty Properties Inc reports results for the quarter ended in January - Earnings Summary

One Liberty Properties

07/08/2024 05:18

* One Liberty Properties Inc  OLP.N  reported quarterly
adjusted
earnings of 45 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of 30 cents.  The lone analyst forecast for
the quarter was for earnings of 12 cents per share. 
    * Revenue fell 2.7% to $21.80 million from a year ago;
analysts
expected $22.48 million. 
    * One Liberty Properties Inc's reported EPS for the quarter
was 45
cents​.
    * The company reported quarterly net income of $9.55
million.
    * One Liberty Properties Inc shares had risen by 4.2% this
quarter and gained 11.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is  "hold."

Wall Street's median 12-month price target for One Liberty
Properties Inc is $25.25 
This summary was machine generated from LSEG data August 7 at
04:18 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.43           0.48           Beat
 Mar. 31 2024      0.43           0.45           Beat
 Dec. 31 2023      0.45           0.45           Met
 Sep. 30 2023      0.44           0.45           Beat