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

STAG Industrial

27/07/2022 22:53

* STAG Industrial Inc  STAG.N  reported quarterly adjusted
earnings of 18 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 16 cents per share.
    * Revenue rose 16.9% to $161.06 million from a year ago;
analysts
expected $161.33 million. 
    * STAG Industrial Inc's reported EPS for the quarter was 18
cents​.
    * The mean earnings estimate of analysts was unchanged 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 2.2% this
quarter and
lost 34.2% so far this year.
    * The company reported quarterly net income of $32.32
million.
    * Wall Street's median 12-month price target for STAG
Industrial
Inc is $42.00 
    * 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." 

This summary was machine generated from Refinitiv data July 27
at 09:52 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.54           0.56           Beat
 Mar. 31 2022      0.52           0.53           Beat
 Dec. 31 2021      0.51           0.41           Missed
 Sep. 30 2021      0.51           0.52           Beat