Plymouth Industrial REIT Inc expected to post a loss of 7 cents a share - Earnings Preview

Plymouth Industrial Reit

31/10/2023 19:00

* Plymouth Industrial REIT Inc  PLYM.N   PLYM.K  is expected
to show a rise in quarterly revenue when it reports  results on
November 2. 
    * The Boston Massachusetts-based  company is expected to
report  a
6.0% increase in revenue to $50.649 million from $47.79 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Plymouth Industrial
REIT
Inc is for a loss of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"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 Plymouth
Industrial REIT Inc is $25​, above​ its last closing price
of $19.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.45        0.45       0.46      Beat    2.1
 Mar. 31 2023  0.44        0.44       0.45      Beat    1.4
 Dec. 31 2022  0.44        0.44       0.44      Met     -0.1​
 Sep. 30 2022  0.43        0.43       0.46      Beat    6.3
 ​​Jun.        0.44        0.44       0.47      Beat    6
 30 2022                                                
 Mar. 31 2022  0.43        0.44       0.47      Beat    6.4​
 Dec. 31 2021  0.47        0.47       0.46      Missed  -2.5
 Sep. 30 2021  0.44        0.44       0.43      Missed  -2.3
 This summary was machine generated October 31 at 18:59 GMT.  All
figures in US dollars  unless otherwise stated