InvenTrust Properties Q3 2024 FFO $0.44 Beats $0.42 Estimate, Sales $68.521M Beat $67.404M Estimate
Portfolio Pulse from Benzinga Newsdesk
InvenTrust Properties reported Q3 2024 earnings of $0.44 per share, surpassing the analyst estimate of $0.42. The company's sales were $68.521 million, exceeding the expected $67.404 million and marking a 6.96% increase from the previous year.
October 29, 2024 | 8:15 pm
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InvenTrust Properties reported better-than-expected Q3 2024 earnings and sales, with EPS at $0.44 beating the $0.42 estimate and sales at $68.521M surpassing the $67.404M estimate. This reflects a positive performance and a 6.96% sales increase from last year.
The earnings and sales figures both exceeded analyst expectations, indicating strong financial performance. The 6.96% increase in sales from the previous year further supports a positive outlook for the company, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100