Investors Real Estate Trust (IRET) to Release Quarterly Earnings on Monday
Investors Real Estate Trust (NYSE:IRET) is set to announce its earnings results after the market closes on Monday, December 11th. Analysts expect the company to announce earnings of $0.10 per share for the quarter.
Investors Real Estate Trust (NYSE:IRET) last posted its quarterly earnings results on Monday, September 11th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.10. Investors Real Estate Trust had a net margin of 25.72% and a return on equity of 0.11%. The company had revenue of $52.70 million for the quarter, compared to the consensus estimate of $50.76 million. During the same period last year, the firm posted $0.12 EPS. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, analysts expect Investors Real Estate Trust to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Investors Real Estate Trust (IRET) opened at $5.96 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.23 and a quick ratio of 0.23. Investors Real Estate Trust has a 52-week low of $5.60 and a 52-week high of $7.28. The stock has a market cap of $718.70, a PE ratio of 13.24, a PEG ratio of 2.50 and a beta of 0.81.
About Investors Real Estate Trust
Investors Real Estate Trust is a self-advised equity real estate investment trust (REIT). The Company’s business consists of owning and operating income-producing real estate properties. Its segments include Multifamily, Healthcare and All Other. Its investments consist of multifamily and healthcare properties located primarily in the upper Midwest states of Minnesota and North Dakota.
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