Veris Residential (NYSE: VRE) is scheduled to reveal its financial results for the third quarter on Wednesday 30th October 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.
In accordance with the forecasts of financial specialists on Wall Street, the establishment is primed to announce an anticipated $0.09 loss per share for the quarter. Additionally, the company is projected to reveal a total revenue of $65.99 million for this particular period.
Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $264.24 million. Additionally, they expect the company to report per share loss of $0.2 for the fiscal year.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $0.12. Notably, the company's total revenue reached an impressive $71.48 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.18 | +12.5% | 67.48 M | -1.8% |
| Q1 2024 | $0.14 | -6.7% | 67.34 M | +0.6% |
| Q4 2023 | $0.12 | +140.0% | 72.92 M | -15.4% |
| Q3 2023 | $0.12 | -20.0% | 71.48 M | -21.8% |
| Q2 2023 | $0.16 | +6.7% | 68.73 M | -13.9% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 31st October 2024 at 08:30 AM eastern time to review the Q3 2024 financial results.
Throughout Monday's trading, Veris Residential (VRE) shares fluctuated between $16.91 and $17.20, with a trading volume of 308.70 thousand shares. The stock ended the regular trading session at $16.98, marking an advance of 0.41 percent.
