Zacks: Brokerages Expect Plymouth Ind Re (NASDAQ:PLYM) to Announce $0.48 Earnings Per Share

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Wall Street analysts forecast that Plymouth Ind Re (NASDAQ:PLYM) will announce earnings of $0.48 per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Plymouth Ind Re’s earnings. The highest EPS estimate is $0.51 and the lowest is $0.45. Plymouth Ind Re reported earnings per share of $0.39 during the same quarter last year, which would suggest a positive year over year growth rate of 23.1%. The firm is scheduled to report its next earnings report on Wednesday, August 14th.

According to Zacks, analysts expect that Plymouth Ind Re will report full-year earnings of $2.15 per share for the current year, with EPS estimates ranging from $2.11 to $2.18. For the next financial year, analysts forecast that the firm will post earnings of $2.58 per share, with EPS estimates ranging from $2.56 to $2.60. Zacks’ EPS averages are an average based on a survey of analysts that cover Plymouth Ind Re.

PLYM stock traded down $0.62 during trading on Monday, hitting $18.33. 633 shares of the company’s stock traded hands, compared to its average volume of 53,010. Plymouth Ind Re has a 52 week low of $10.95 and a 52 week high of $19.59. The firm has a fifty day simple moving average of $18.29.

About Plymouth Ind Re

Plymouth Industrial REIT, Inc is a vertically integrated and self-managed real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and select primary markets across the United States. The Company seeks to acquire properties that provide income and growth that enable the Company to leverage its real estate operating expertise to enhance shareholder value through active asset management, prudent property re-positioning and disciplined capital deployment.

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