Saul Centers Inc reports results for the quarter ended in January - Earnings Summary

Saul Centers

02/08/2024 04:31

* Saul Centers Inc  BFS.N  reported quarterly adjusted
earnings of
48 cents​​ per share for the quarter ended in January.  The lone
analyst forecast for the quarter was for earnings of 39 cents
per share. 
    * Revenue rose 5.1% to $66.94 million from a year ago;
analysts
expected $65.54 million. 
    * Saul Centers Inc's reported EPS for the quarter was 48
cents​.
    * The company reported quarterly net income of $11.65
million.
    * Saul Centers Inc shares had risen by 7.6% this quarter and
gained 0.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.3%
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," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for Saul Centers Inc
is $43.50 
This summary was machine generated from LSEG data August 2 at
03:31 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      0.39           0.48           Beat
 Mar. 31 2024      0.37                          
 Mar. 31 2024