|Bid||25.85 x 900|
|Ask||26.30 x 900|
|Day's Range||25.60 - 26.47|
|52 Week Range||14.30 - 29.48|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||63.88|
|Forward Dividend & Yield||1.69 (6.14%)|
|Ex-Dividend Date||Jun 30, 2020|
|1y Target Est||N/A|
Good morning and thank you for joining Armada Hoffler's Second Quarter 2020 earnings conference call and webcast. On the call this morning, in addition myself is, Lou Haddad, CEO. A press release announcing our second quarter earnings, along with our quarterly supplemental package were distributed this morning.
Shares of Armada Hoffler Properties (NYSE:AHH) fell 0.3% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share fell 3.33% year over year to $0.29, which may not compare to the estimate of $0.09.Revenue of $39,915,000 rose by 9.72% year over year, which missed the estimate of $40,560,000.Outlook The upcoming fiscal year's EPS expected to be between $1.09 and $1.13.Conference Call Details Date: Aug 04, 2020Time: 08:30 AMView more earnings on AHHET Webcast URL: http://public.viavid.com/player/index.php?id=140179Technicals 52-week high: $19.4352-week low: $6.40Price action over last quarter: Up 0.96%Company Description Armada Hoffler Properties Inc is a real estate company. It engages in developing, building, owning and managing the institutional-grade office, retail and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. The company's operating segment includes office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. It generates maximum revenue from the general contracting and real estate services segment.See more from Benzinga * Primoris Services: Q2 Earnings Insights * Welbilt: Q2 Earnings Insights * P.H. Glatfelter: Q2 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Armada Hoffler Properties (AHH) delivered FFO and revenue surprises of 7.41% and -2.80%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?