Veris Residential Inc expected to post a loss of 9 cents a share - Earnings Preview

Reuters

Oct 29, 2024

* Veris Residential Inc is expected to show a fall in quarterly revenue when it reports results on October 30 for the period ending September 30 2024

* The Jersey City New Jersey-based company is expected to report a 7.7% decrease in revenue to $65.989 million from $71.48 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data. (Revenue Majority Basis is onTotal Revenue)

* LSEG's mean analyst estimate for Veris Residential Inc is for a loss of 9 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "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 Veris Residential Inc is $17.25, above its last closing price of $16.98.

This summary was machine generated October 29 at 03:05 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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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VRE","symbol_name":"Veris Residential","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2479541507","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479541507","pubTimestamp":1730171164,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"* Veris Residential Inc     is expected to show a fall in quarterly revenue when it reports  results on October 30 for the period ending September 30 2024   * The Jersey City New Jersey-based  company","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"VRE":"Veris Residential"},"translate_title":"Veris Residential Inc预计每股亏损9美分-收益预览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VRE":1},"content_text":"* Veris Residential Inc     is expected to show a fall in quarterly revenue when it reports  results on October 30 for the period ending September 30 2024   * The Jersey City New Jersey-based  company is expected to report a 7.7% decrease in revenue to $65.989 million from $71.48 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data. (Revenue Majority Basis is onTotal Revenue)   * LSEG's mean analyst estimate for Veris Residential Inc is for a loss of 9 cents per share.    * The current average analyst rating on the shares is \"hold\" and the breakdown of recommendations is 2 \"strong buy\" or \"buy,\" 3 \"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 Veris Residential Inc is $17.25, above its last closing price of $16.98. This summary was machine generated October 29 at 03:05 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. 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