Stag Industrial Inc Reports Results For The Quarter Ended In December: Earnings Summary

STAG Industrial

15/02/2023 22:44

* STAG Industrial Inc  STAG.N  reported quarterly adjusted
earnings of 17 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 17 cents per share.
    * Revenue rose 15.4% to $170.33 million from a year ago;
analysts
expected $165.42 million. 
    * STAG Industrial Inc's reported EPS for the quarter was 17
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * STAG Industrial Inc shares had risen by 10.0% this
quarter.
    * The company reported quarterly net income of $29.74
million.
    * Wall Street's median 12-month price target for STAG
Industrial
Inc is $35.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
15 at 10:44 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.55           0.55           Met
 Sep. 30 2022      0.54           0.57           Beat
 Jun. 30 2022      0.54           0.56           Beat
 Mar. 31 2022      0.52           0.53           Beat