Centerspace reports results for the quarter ended December 31 - Earnings Summary

• Centerspace CSR.N reported a quarterly adjusted loss of 31 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -37 cents. The mean expectation of five analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -30 cents to -8 cents per share.

• Revenue rose 3.7% to $66.41 million from a year ago; analysts expected $65.96 million.

• Centerspace's reported EPS for the quarter was a loss of 31 cents​.

• The company reported a quarterly loss of $5.08 million.

• Centerspace shares had fallen by 5.9% 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 4 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the residential reits peer group is also "buy"

Wall Street's median 12-month price target for Centerspace is $75.00

This summary was machine generated from LSEG data February 19 at 05:02 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)