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

STAG Industrial

27/10/2024 14:49

* STAG Industrial Inc  STAG.N   STAG.K  is expected to show
a rise
in quarterly revenue when it reports  results on October 29 for
the period ending September 30 2024
    * The Boston Massachusetts-based  company is expected to
report a
6.3% increase in revenue to $189.09 million from $177.86 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. (SAL represents rental income)
    * ​LSEG'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 "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"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 STAG
Industrial
Inc is 42.00​, above​ its last closing price of $37.05. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.59        0.59       0.61      Beat    2.9
 Mar. 31 2024  0.58        0.58       0.59      Beat    2.3
 Jan. 1 0001   0.57        0.57       0.58      Beat    1.4​
 Sep. 30 2023  0.57        0.57       0.59      Beat    3.7
 ​​Jun.        0.56        0.56       0.56      Met     -0.1
 30 2023                                                
 Jan. 1 0001   0.55        0.55       0.55      Met     0.5​
 Dec. 31 2022  0.55        0.55       0.55      Met     -0.2
 Sep. 30 2022  0.54        0.54       0.57      Beat    4.9
 This summary was machine generated October 27 at 14:49 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)