Spirit Realty Capital Inc reports results for the quarter ended in September - Earnings Summary

Spirit Realty Capital

09/11/2022 05:00

* Spirit Realty Capital Inc  SRC.N  reported quarterly
adjusted
earnings of 54 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 40 cents per share.
    * Revenue rose 19.5% to $182.38 million from a year ago;
analysts
expected $178.00 million. 
    * Spirit Realty Capital Inc's reported EPS for the quarter
was 54
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Spirit Realty Capital Inc shares had risen by 5.4% this
quarter and lost 20.9% so far this year.
    * The company reported quarterly net income of $74.05
million.
    * Wall Street's median 12-month price target for Spirit
Realty
Capital Inc is $41.50 
    * 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." 

This summary was machine generated from Refinitiv data November
9 at 04:59 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.89           0.90           Beat
 Jun. 30 2022      0.88           0.90           Beat
 Mar. 31 2022      0.88           0.88           Met
 Dec. 31 2021      0.85           0.85           Met