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

Spirit Realty Capital

31/10/2023 18:45

* Spirit Realty Capital Inc  SRC.N   SRC  is expected
to show a
rise in quarterly revenue when it reports  results on November
2. 
    * The Dallas Texas-based  company is expected to report  a
2.7% increase in revenue to $187.231 million from $182.38
million a year ago, according to the mean estimate from 9
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 4 "strong buy" or "buy," 9
"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​, above​ its last closing price of $34.89.
​​​

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  0.91        0.91       0.91      Met     0.5
 Mar. 31 2023  0.89        0.89       0.89      Met     0.2
 Dec. 31 2022  0.89        0.89       0.88      Missed  -0.7​
 Sep. 30 2022  0.89        0.89       0.90      Beat    1.2
 ​​Jun.        0.88        0.88       0.90      Beat    1.8
 30 2022                                                
 Mar. 31 2022  0.88        0.88       0.88      Met     0.4​
 Dec. 31 2021  0.85        0.85       0.85      Met     0.5
 Sep. 30 2021  0.83        0.83       0.84      Beat    0.9
 This summary was machine generated October 31 at 18:45 GMT.  All
figures in US dollars  unless otherwise stated