Inventrust Properties Corp reports results for the quarter ended in September 30 - Earnings Summary

Reuters
30 Oct 2024

* Inventrust Properties Corp reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of three analysts for the quarter was for earnings of one cent per share.

* Revenue rose 7% to $68.52 million from a year ago; analysts expected $67.40 million.

* Inventrust Properties Corp's reported EPS for the quarter was a loss of 1 cent​.

* The company reported a quarterly loss of $539 thousand.

* Inventrust Properties Corp shares had risen by 3.8% this quarter and gained 16.3% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 1.2% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the commercial reits peer group is also "buy"

Wall Street's median 12-month price target for Inventrust Properties Corp is 32.00 This summary was machine generated from LSEG data October 30 at 04:10 a.m. UTC. ​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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.43 0.44 Beat

Jun. 30 2024 0.41 0.44 Beat

Mar. 31 2024 0.40 0.44 Beat

Dec. 31 2023 0.39 0.41 Beat

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