Stag Industrial Inc Expected To Post Earnings Of 16 Cents A Share: Earnings Preview

STAG Industrial

26/07/2022 03:01

* STAG Industrial Inc  STAG.N   STAG.K  is expected to show
a rise
in quarterly revenue when it reports  results on July 27. 
    * The Boston Massachusetts-based  company is expected to
report  a
17.1% increase in revenue to $161.333 million from $137.81
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for STAG Industrial Inc
is
for earnings of 16 cents per share. For the same quarter last
year, the company reported earnings of 20 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"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 STAG
Industrial
Inc is $42​, above​ its last closing price of $31.46. ​​​

This summary was machine generated July 26 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated