Get ready to mark your calendars because the much anticipated third quarter financial results of Innovative Industrial Properties (NYSE: IIPR) are set to be unveiled on Wednesday 6th November 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled after market close.
According to predictions from financial analysts on Wall Street, the business is expected to report an estimated per share $1.45 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $77.5 million during this period.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $311.56 million. Furthermore, they are predicting profit of $5.77 per share for the full year.
The per-share income of $2.29 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $77.83 million recorded during that specific period.
The business has scheduled a conference call on 7th November 2024 at 01:00 PM eastern time to discuss Q3 financial results.
Innovative Industrial Properties (IIPR) shares experienced a range of $126.75 to $131.01 on a day volume of 142.80 thousand shares. The stock closed Friday's regular trading session at $127.00, indicating a 1.7 percent decline.
