Stag Industrial Inc Expected To Post Earnings Of 17 Cents A Share: Earnings Preview

STAG Industrial

25/07/2023 24:00

* STAG Industrial Inc  STAG.N   STAG.K  is expected to show
a rise
in quarterly revenue when it reports  results on July 26. 
    * The Boston Massachusetts-based  company is expected to
report  a
7.4% increase in revenue to $172.971 million from $161.06
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for STAG Industrial Inc
is
for earnings of 17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $38​, below​ its last closing price of $38.41. ​​​

This summary was machine generated July 24 at 23:00 GMT.  All
figures in US dollars  unless otherwise stated