Investors Real Estate (NYSE: IRET) will be
releasing its next round of earnings Monday. For all of the relevant information, here is your guide for today's Q3 earnings
announcement.
Earnings and Revenue
Analysts are predicting Investors Real Estate will report a loss of 6 cents per share on revenue of $53.7 million.
In the same quarter last year, Investors Real Estate reported a loss per share of 12 cents on revenue of $51.1 million. Revenue
would be up 4.98 percent from the same quarter last year.
Investors Real Estate's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter |
Q2 2018 |
Q1 2018 |
Q4 2017 |
Q3 2017 |
| EPS Estimate |
|
|
0.01 |
0.03 |
| EPS Actual |
0.1 |
0.1 |
0.09 |
0.12 |
Stock Performance
Over the last 52-week period, shares are down 18.13 percent. Given that these returns are generally negative, long-term
shareholders are likely unhappy going into this earnings release. Analyst estimates are adjusted lower for EPS and revenues over
the past 90 days. The popular rating by analysts on Investors Real Estate stock is a Neutral. The strength of this rating has
maintained conviction over the past 90 days.
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