A Preview Of Alexandria Real Estate's Earnings
Portfolio Pulse from Benzinga Insights
Alexandria Real Estate (NYSE:ARE) is set to release its quarterly earnings on October 21, 2024, with analysts expecting an EPS of $2.37. The company's past performance shows mixed results, with share price reactions not always aligning with earnings beats. Analysts have a Neutral consensus on ARE, with a price target suggesting a 6.29% upside. The company's financial metrics show strong revenue growth and net margin but weaker return on equity compared to peers.
October 18, 2024 | 6:20 pm
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Alexandria Real Estate is expected to report an EPS of $2.37. Past earnings beats have not always led to positive stock price movements. Analysts have a Neutral rating with a price target indicating a potential 6.29% upside.
The upcoming earnings report is crucial for ARE, with analysts expecting an EPS of $2.37. Despite past earnings beats, the stock has seen mixed price reactions, indicating that guidance may play a more significant role in influencing short-term price movements. The Neutral analyst rating and modest price target suggest limited immediate upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100