Spirit Realty Capital Inc expected to post earnings of 40cents a share - Earnings Preview

Spirit Realty Capital

05/11/2022 03:11

* Spirit Realty Capital Inc  SRC.N   SRC  is expected
to show a
rise in quarterly revenue when it reports  results on November
8. 
    * The Dallas Texas-based  company is expected to report  a
16.7% increase in revenue to $177.999 million from $152.57
million a year ago, according to the mean estimate from 14
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Spirit Realty
Capital Inc
is for earnings of 40 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 10
"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 $41.5​, above​ its last closing price of $38.21.
​​​

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 2022  0.88        0.88       0.90      Beat    1.8
 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
 ​​Jun.        0.76        0.76       0.86      Beat    12.9
 30 2021                                                
 Mar. 31 2021  0.74        0.73       0.76      Beat    3.9​
 Dec. 31 2020  0.71        0.71       0.74      Beat    4.8
 Sep. 30 2020  0.72        0.70       0.72      Beat    3
 This summary was machine generated November 5 at 03:11 GMT.  All
figures in US dollars  unless otherwise stated