STAG Industrial (NYSE: STAG) is set to announce its financial results for the third quarter of 2024 on Tuesday 29th October 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
According to predictions from financial analysts on Wall Street, the organization is expected to report an estimated per share $0.17 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $189.09 million during this period.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $758.45 million. Furthermore, they are predicting profit of $0.87 per share for the full year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.59. This figure was a result of the company's total revenue, which reached an impressive $177.86 million million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.61 | +8.9% | 186.47 M | +8.8% |
| Q1 2024 | $0.59 | +7.3% | 187.54 M | +8.2% |
| Q4 2023 | $0.58 | +5.5% | 182.60 M | +7.4% |
| Q3 2023 | $0.59 | +3.5% | 177.86 M | +8.0% |
| Q2 2023 | $0.56 | 0% | 171.44 M | +6.4% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 30th October 2024 at 10:00 AM eastern time to review the Q3 2024 financial results.
STAG Industrial (STAG) shares experienced a range of $37.02 to $38.07 on a day volume of 1.12 million shares. The stock closed Friday's regular trading session at $37.05, showing a 2.01 percent decline.
