Veris Residential Inc <VRE.N> expected to post a loss of 10 cents a share - Earnings Preview

• Veris Residential Inc VRE.N, VRE is expected to show a fall in quarterly revenue when it reports results on February 24 for the period ending December 31 2024

• The Jersey City New Jersey-based company is expected to report a 7.7% decrease in revenue to $67.316 million from $72.92 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data. (Revenue Majority Basis is onTotal Revenue)

• ​LSEG's mean analyst estimate for Veris Residential Inc is for a loss of 10 cents per share.

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Veris Residential Inc is $18.88​, above​ its last closing price of $15.66. ​​​

This summary was machine generated February 21 at 22:03 GMT. 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)