Tritax Big Box REIT (TTBXF) to Release Quarterly Earnings on Wednesday

Tritax Big Box REIT (OTCMKTS:TTBXF) will likely be posting its resultson Wednesday, August 12th. Analysts expect the company to post earnings of $0.0609 per share and revenue of $243.3720 million for the quarter.

Tritax Big Box REIT Stock Performance

OTCMKTS:TTBXF opened at $2.17 on Wednesday. Tritax Big Box REIT has a 12-month low of $1.70 and a 12-month high of $2.43. The stock has a fifty day moving average price of $2.11 and a 200 day moving average price of $2.08.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. BNP Paribas Exane assumed coverage on Tritax Big Box REIT in a research note on Wednesday, July 1st. They issued an “outperform” rating for the company. Zacks Research cut shares of Tritax Big Box REIT from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Tritax Big Box REIT presently has a consensus rating of “Moderate Buy”.

Tritax Big Box REIT Company Profile

Tritax Big Box REIT (OTCMKTS: TTBXF) is a real estate investment trust specializing in large-scale logistics and distribution properties across the United Kingdom. The company focuses on acquiring, managing and leasing modern “big box” warehouses that serve as critical nodes in e-commerce, retail and third-party logistics networks. Its assets are designed to offer high quality, sustainable space with efficient floor plans, abundant parking and strong transport links.

The REIT’s portfolio is externally managed by Tritax Management LLP, a specialist real estate investment manager with experience in the logistics sector.