Terreno Realty Corp TRNO.N reported quarterly adjusted earnings of 78 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of four analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 32 cents to 39 cents per share.
Revenue rose 19.9% to $103.71 million from a year ago; analysts expected $102.13 million.
Terreno Realty Corp's reported EPS for the quarter was 76 cents.
The company reported quarterly net income of $75.78 million.
Terreno Realty Corp shares had risen by 11.6% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.5% 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 8 "strong buy" or "buy," 9 "hold" and 1 "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 Terreno Realty Corp is $66.00
This summary was machine generated from LSEG data February 6 at 02:49 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 |
Dec. 31 2024 | 0.62 | 0.62 | Met |
Sep. 30 2024 | 0.62 | 0.62 | Met |
Jun. 30 2024 | 0.59 | 0.61 | Beat |
Mar. 31 2024 | 0.58 | 0.57 | Missed |
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