Spirit Realty Capital Inc expected to post earnings of 36  cents a share - Earnings Preview

Spirit Realty Capital

05/08/2023 03:13

* Spirit Realty Capital Inc  SRC.N   SRC  is expected
to show a
rise in quarterly revenue when it reports  results on August 7. 
    * The Dallas Texas-based  company is expected to report  a
8.0% increase in revenue to $188.441 million from $174.41
million a year ago, according to the mean estimate from 12
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Spirit Realty
Capital Inc
is for earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 11
"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 Spirit
Realty
Capital Inc is $42.5​, above​ its last closing price of $39.53.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.89        0.89       0.89      Met     0.2
 Dec. 31 2023  0.89        0.89       0.88      Missed  -0.7
 Sep. 30 2022  0.89        0.89       0.90      Beat    1.2​
 Jun. 30 2022  0.88        0.88       0.90      Beat    1.8
 ​​Mar.        0.88        0.88       0.88      Met     0.4
 31 2022                                                
 Dec. 31 2021  0.85        0.85       0.85      Met     0.5​
 Sep. 30 2021  0.83        0.83       0.84      Beat    0.9
 Jun. 30 2021  0.76        0.76       0.86      Beat    12.9
 This summary was machine generated August 5 at 02:13 GMT.  All
figures in US dollars  unless otherwise stated