Earnings Preview: Centerspace
Portfolio Pulse from Benzinga Insights
Centerspace (NYSE:CSR) is set to announce its quarterly earnings on October 28, 2024. Analysts estimate an EPS of $1.19. The company's previous earnings beat expectations but led to a slight drop in share price. Centerspace shares have risen 20.89% over the past year, and analysts rate it as 'Outperform' with a price target of $77.25, suggesting an 8.97% upside. Compared to peers, Centerspace shows strong revenue growth but faces challenges in profitability and debt management.
October 25, 2024 | 6:01 pm
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Centerspace is expected to announce its quarterly earnings with an estimated EPS of $1.19. The stock has risen 20.89% over the past year and is rated 'Outperform' by analysts, with a price target of $77.25, indicating an 8.97% upside. Despite strong revenue growth, the company faces challenges in profitability and debt management.
The upcoming earnings announcement is a significant event for Centerspace, with analysts expecting an EPS of $1.19. The stock's positive performance over the past year and the 'Outperform' rating with a price target above the current trading price suggest a potential positive impact on the stock price. However, challenges in profitability and debt management could temper investor enthusiasm.
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