Investing.com - Indus Realty Trust reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Indus Realty Trust announced earnings per share of $0.08 on revenue of $13.04M. Analysts polled by Investing.com anticipated EPS of $-0.09 on revenue of $12.12M.
Indus Realty Trust shares are up 19.33% from the beginning of the year, still down 36.97% from its 52 week high of $82.94 set on January 4.
Indus Realty Trust follows other major Real Estate sector earnings this month
Indus Realty Trust's report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.15B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on October 27 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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