Plymouth Industrial REIT Inc expected to post a loss of 4 cents a share - Earnings Preview

Plymouth Industrial Reit

29/07/2024 23:42

* Plymouth Industrial REIT Inc  PLYM.N   PLYM.K  is expected
to show a rise in quarterly revenue when it reports  results on
July 31 for the period ending June 30 2024
    * The Boston Massachusetts-based  company is expected to
report a
2.0% increase in revenue to $50.897 million from $49.9 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (SAL represents TotalRevenu/Total Property Revenue
basis)
    * ​LSEG's mean analyst estimate for Plymouth Industrial REIT
Inc
is for a loss of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and 1 "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 Plymouth
Industrial REIT Inc is $24.50​, above​ its last closing price
of $24.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.46        0.47       0.45      Missed  -3.4
 Dec. 31 2024  0.47        0.47       0.47      Met     -0.2
 Sep. 30 2023  0.46        0.46       0.46      Met     0.1​
 Jun. 30 2023  0.45        0.45       0.46      Beat    2.1
 ​​Mar.        0.44        0.44       0.45      Beat    1.4
 31 2023                                                
 Jan. 1 0001   0.44        0.44       0.44      Met     -0.1​
 Jan. 1 0001   0.43        0.43       0.46      Beat    6.3
 Jun. 30 2022  0.44        0.44       0.47      Beat    6
 This summary was machine generated July 29 at 22:42 GMT.  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)