Stag Industrial Inc Expected To Post Earnings Of 21 Cents A Share: Earnings Preview

STAG Industrial

26/07/2024 21:57

* STAG Industrial Inc  STAG.N   STAG.K  is expected to show
a rise
in quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Boston Massachusetts-based  company is expected to
report a
9.6% increase in revenue to $187.971 million from $171.44
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (SAL represents rental income)
    * ​LSEG's mean analyst estimate for STAG Industrial Inc is
for
earnings of 21 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 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 $39.00​, below​ its last closing price of $40.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.58        0.58       0.59      Beat    2.3
 Dec. 31 2024  0.57        0.57       0.58      Beat    1.4
 Sep. 30 2023  0.57        0.57       0.59      Beat    3.7​
 Jan. 1 0001   0.56        0.56       0.56      Met     -0.1
 ​​Mar.        0.55        0.55       0.55      Met     0.5
 31 2023                                                
 Jan. 1 0001   0.55        0.55       0.55      Met     -0.2​
 Sep. 30 2022  0.54        0.54       0.57      Beat    4.9
 Jun. 30 2022  0.54        0.54       0.56      Beat    3.9
 This summary was machine generated July 26 at 20:57 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)