JBG SMITH Properties reports results for the quarter ended in March

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JBG SMITH Properties reports results for the quarter ended in March – Earnings Summary

















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Reuters

JBG SMITH Properties reports results for the quarter ended in March – Earnings Summary



JBG SMITH Properties reports results for the quarter ended in March – Earnings Summary
  • JBG SMITH Properties JBGS.N reported a quarterly adjusted loss of 16 cents​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 19 cents. The lone analyst forecast for the quarter was for a loss of 30 cents per share.

  • Revenue fell 1.1% to $122.64 million from a year ago; analysts expected $147.73 million.

  • JBG SMITH Properties’s reported EPS for the quarter was a loss of 36 cents​.

  • The company reported a quarterly loss of $32.28 million.

  • JBG SMITH Properties shares had fallen by 3.7% this quarter and lost 9.1% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is “hold” and the breakdown of recommendations is no “strong buy” or “buy,” 2 “hold” and 1 “sell” or “strong sell.”

  • The average consensus recommendation for the commercial reits peer group is also “hold”

Wall Street’s median 12-month price target for JBG SMITH Properties is $16.25

This summary was machine generated from LSEG data April 30 at 11:41 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Mar. 31 2024

0.29

0.29

Met

Dec. 31 2023

0.29

0.38

Beat

Sep. 30 2023

0.31

0.40

Beat

Jun. 30 2023

0.31

0.41

Beat

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