Inventrust Properties Corp reports results for the quarter ended December 31 - Earnings Summary

• Inventrust Properties Corp IVT.N reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of four analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 3 cents to 5 cents per share.

• Revenue rose 10.1% to $71.23 million from a year ago; analysts expected $69.69 million.

• Inventrust Properties Corp's reported EPS for the quarter was 13 cents​.

• The company reported quarterly net income of $9.8 million.

• Inventrust Properties Corp shares had fallen by 1.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 12.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "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 Inventrust Properties Corp is $33.50

This summary was machine generated from LSEG data February 11 at 10:01 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)