Plymouth Ind Re (PLYM) Expected to Post Earnings of $0.48 Per Share
Equities analysts forecast that Plymouth Ind Re (NASDAQ:PLYM) will report earnings of $0.48 per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Plymouth Ind Re’s earnings, with the lowest EPS estimate coming in at $0.45 and the highest estimate coming in at $0.51. Plymouth Ind Re posted earnings per share of $0.39 during the same quarter last year, which would suggest a positive year-over-year growth rate of 23.1%. The company is expected to issue its next earnings results on Wednesday, August 14th.
On average, analysts expect that Plymouth Ind Re will report full year earnings of $2.15 per share for the current fiscal year, with EPS estimates ranging from $2.11 to $2.18. For the next year, analysts anticipate that the business will report earnings of $2.58 per share, with EPS estimates ranging from $2.56 to $2.60. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Plymouth Ind Re.
Shares of Plymouth Ind Re stock traded up $0.20 on Friday, reaching $17.98. 100 shares of the stock were exchanged, compared to its average volume of 51,899. Plymouth Ind Re has a twelve month low of $10.95 and a twelve month high of $19.50.
Plymouth Industrial REIT, Inc is a vertically integrated and self-managed real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and select primary markets across the United States. The Company seeks to acquire properties that provide income and growth that enable the Company to leverage its real estate operating expertise to enhance shareholder value through active asset management, prudent property re-positioning and disciplined capital deployment.
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