Investing.com - Terreno reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Terreno announced earnings per share of $0.30 on revenue of $70.80M. Analysts polled by Investing.com anticipated EPS of $0.29 on revenue of $67.36M.
Terreno shares are down 35.16% from the beginning of the year, still down 35.70% from its 52 week high of $86.00 set on December 31, 2021.
Terreno follows other major Real Estate sector earnings this month
Terreno'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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