Centerspace Q3 2024 FFO $1.18 Beats $1.17 Estimate, Sales $65.025M Miss $67.621M Estimate
Portfolio Pulse from Benzinga Newsdesk
Centerspace (NYSE:CSR) reported Q3 2024 earnings per share of $1.18, slightly beating the estimate of $1.17, but sales of $65.025M missed the $67.621M estimate. Earnings decreased by 1.67% from last year, while sales increased by 0.71%.
October 28, 2024 | 8:38 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Centerspace's Q3 2024 earnings slightly beat expectations, but sales fell short. Earnings per share were $1.18, a 1.67% decrease from last year, while sales increased by 0.71% but missed estimates.
The slight beat in earnings per share is positive, but the miss in sales could offset this, leading to a neutral short-term impact on the stock price. The decrease in earnings from last year and the sales miss are concerns, but the overall performance is mixed.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100