Spirit Realty Capital Inc expected to post earnings of 37  cents a share - Earnings Preview

Spirit Realty Capital

30/04/2022 03:05

* Spirit Realty Capital Inc  SRC.N   SRC  is expected
to show a
rise in quarterly revenue when it reports  results on May 3. 
    * The Dallas Texas-based  company is expected to report  a
20.3% increase in revenue to $162.611 million from $135.14
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Spirit Realty
Capital Inc
is for earnings of 37 cents per share. For the same quarter last
year, the company reported a loss of 4 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 9
"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 Spirit
Realty
Capital Inc is $52​, above​ its last closing price of $43.45.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  0.74        0.73       0.76      Beat    3.9
 ​​Dec.        0.71        0.71       0.74      Beat    4.8
 31 2020                                                
 Sep. 30 2020  0.72        0.70       0.72      Beat    3​
 Jun. 30 2020  0.56        0.60       0.71      Beat    18.7
 Mar. 31 2020  0.79        0.78       0.78      Met     0.2
 This summary was machine generated April 30 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated