IRET Reports Third Quarter 2020 Financial and Operating Results

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Go back to IRET Reports Third Quarter 2020 Financial and Operating Results

Investors Real Estate Trust (IRET) Tops Q3 EPS by $1.88c, Slight Beat on Revenues

November 2, 2020 4:56 PM EST

Investors Real Estate Trust (NYSE: IRET) reported Q3 EPS of $1.38, $1.88 better than the analyst estimate of ($0.50). Revenue for the quarter came in at $44.14 million versus the consensus estimate of $43.84 million.

Highlights

Net Income was $1.38 per diluted share for the third quarter of 2020, compared to Net Income of $2.54 per diluted share for the same... More