Mark your calendars for Wednesday 6th November 2024, as Modiv Industrial (NYSE: MDV) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.
the organization is expected to report an estimated per share $0.03 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $11.42 million during this period.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $0.35. Moreover, the company achieved a remarkable total revenue of $12.5 million during that quarter.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $45.97 million. Additionally, they predict that the earnings per share for the company will hit profit of $0.35 by the end of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.34 | +9.7% | 11.34 M | -4.2% |
| Q1 2024 | $0.29 | -3.3% | 11.90 M | +15.4% |
| Q4 2023 | $0.40 | -41.2% | 12.29 M | -14.5% |
| Q3 2023 | $0.35 | +12.9% | 12.50 M | +22.4% |
| Q2 2023 | $0.31 | -11.4% | 11.84 M | +13.9% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 6th November 2024 at 11:00 AM eastern time to review the Q3 2024 financial results.
Modiv Industrial (MDV) shares traded as low as $16.64 and as high as $17.12 on a day volume of 15.10 thousand shares, closed Friday's regular trading session at $16.80, decline of 0.71 percent.