Investors Real Estate Q3 Earnings Preview

Investors Real Estate 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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