Stag Industrial Q3 2024 GAAP EPS $0.60, Inline, Sales $190.29M Beat $189.09M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stag Industrial reported Q3 2024 earnings per share of $0.60, meeting analyst expectations. The company's sales were $190.29 million, surpassing the $189.09 million estimate and marking a 6.99% increase from the previous year.
October 29, 2024 | 8:14 pm
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Stag Industrial's Q3 2024 earnings per share met expectations at $0.60, while sales exceeded estimates at $190.29 million, showing a 6.99% year-over-year increase.
The earnings per share meeting expectations and sales exceeding estimates are positive indicators for Stag Industrial. The year-over-year sales growth of 6.99% further supports a positive outlook, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100