$19.01 Million in Sales Expected for Plymouth Ind Re (NASDAQ:PLYM) This Quarter
Equities analysts predict that Plymouth Ind Re (NASDAQ:PLYM) will report sales of $19.01 million for the current quarter, according to Zacks. Two analysts have provided estimates for Plymouth Ind Re’s earnings. The highest sales estimate is $19.41 million and the lowest is $18.60 million. Plymouth Ind Re reported sales of $11.65 million during the same quarter last year, which would suggest a positive year over year growth rate of 63.2%. The firm is scheduled to issue its next earnings results on Tuesday, November 12th.
According to Zacks, analysts expect that Plymouth Ind Re will report full year sales of $72.55 million for the current year. For the next financial year, analysts expect that the business will report sales of $91.94 million, with estimates ranging from $89.41 million to $94.47 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover Plymouth Ind Re.
NASDAQ PLYM traded down $0.08 during trading on Thursday, hitting $19.00. The stock had a trading volume of 143,254 shares, compared to its average volume of 76,464. The firm has a 50 day moving average price of $18.60 and a 200 day moving average price of $18.19. Plymouth Ind Re has a twelve month low of $10.95 and a twelve month high of $20.00.
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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