Netstreit Corp expected to post earnings of 5 cents a share - Earnings Preview

Reuters
02-22
Netstreit Corp <ntst.n> expected to post earnings of 5 cents a share - Earnings Preview </ntst.n>
  • Netstreit Corp NTST.N, NTST.K is expected to show a rise in quarterly revenue when it reports results on February 24 for the period ending December 31 2024

  • The Dallas Texas-based company is expected to report a 11.3% increase in revenue to $41.041 million from $36.86 million a year ago, according to the mean estimate from 11 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Netstreit Corp is for earnings of 5 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 4 "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 Netstreit Corp is $18.00​, above​ its last closing price of $14.21. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.31

0.31

0.32

Beat

2

Jun. 30 2024

0.30

0.30

0.31

Beat

2.1

Mar. 31 2024

0.29

0.29

0.30

Beat

2.6​

Dec. 31 2023

0.30

0.30

0.30

Met

1.2

​​Sep. 30 2023

0.29

0.29

0.31

Beat

6.4

Jun. 30 2023

0.29

0.29

0.29

Met

0.7​

Mar. 31 2023

0.28

0.28

0.28

Met

-0.4

Dec. 31 2022

0.27

0.28

0.28

Met

1.4

This summary was machine generated February 21 at 21:37 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)

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