On Monday, Preferred Apartment (NYSE: APTS) will report its last quarter's earnings. Here is Benzinga's take on the company's release.
Earnings and Revenue
Wall Street analysts see Preferred Apartment reporting a loss of 45 cents per share on revenue of $83.26 million.
In the same quarter last year, Preferred Apartment reported earnings of 32 cents per share on revenue of $58 million. If the company were to report inline earnings when it publishes results Monday, quarterly profit would be down 240.62 percent. Sales would be have grown 41.14 percent from the same quarter last year.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
|Quarter||Q3 2017||Q2 2017||Q1 2017||Q4 2016|
Over the last 52-week period, shares are up 4.51 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Preferred Apartment stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
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