STAG Industrial Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
13 Feb
<a href="https://laohu8.com/S/STAG">STAG Industrial</a> Inc reports results for the quarter ended December 31 - Earnings Summary
  • STAG Industrial Inc STAG.N reported quarterly adjusted earnings of 26 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of four analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 17 cents to 21 cents per share.

  • Revenue rose 8.8% to $198.74 million from a year ago; analysts expected $193.24 million.

  • STAG Industrial Inc's reported EPS for the quarter was 28 cents​.

  • The company reported quarterly net income of $50.91 million.

  • STAG Industrial Inc shares had risen by 4.1% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 0.2% 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 5 "strong buy" or "buy," 7 "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 STAG Industrial Inc is $39.00

This summary was machine generated from LSEG data February 12 at 10:37 p.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

0.60

0.61

Beat

Sep. 30 2024

0.60

0.60

Met

Jun. 30 2024

0.59

0.61

Beat

Mar. 31 2024

0.58

0.59

Beat

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