* Netstreit Corp reported a quarterly adjusted loss of 7 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of five analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 4 cents to 9 cents per share.
* Revenue rose 22% to $41.44 million from a year ago; analysts expected $38.87 million.
* Netstreit Corp's reported EPS for the quarter was a loss of 7 cents.
* The company reported a quarterly loss of $5.3 million.
* Netstreit Corp shares had fallen by 8.7% this quarter and lost 15.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 0.4% 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 9 "strong buy" or "buy," 5 "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 Netstreit Corp is 19.00 This summary was machine generated from LSEG data November 5 at 07:42 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 0.31 0.32 Beat
Jun. 30 2024 0.30
Mar. 31 2024 0.29
Dec. 31 2023 0.30 0.30 Met
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