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Innovative Industrial Properties (IIPR) Earnings Date, Estimates & Call Transcripts

Innovative Industrial Properties logo
$73.66 -21.68 (-22.74%)
(As of 12/20/2024 05:45 PM ET)

Innovative Industrial Properties Latest Earnings Summary

Actual EPS
(Nov. 6)
$1.37 Missed By -$0.76
Consensus EPS
(Nov. 6)
$2.13

Innovative Industrial Properties announced Q3 2024 earnings on November 6, 2024, reporting an EPS of $1.37, which missed the consensus estimate of $2.13 by $0.76. Quarterly revenue fell 1.7% year-over-year to $76.53 million, below analyst estimates of $77.30 million. With a trailing EPS of $5.62 and a P/E Ratio of 13.11, Innovative Industrial Properties' earnings are expected to grow 2.51% next year, from $8.36 to $8.57 per share.

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IIPR Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

IIPR Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Innovative Industrial Properties Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241$2.06$2.06$2.06
Q2 20241$2.08$2.08$2.08
Q3 20241$2.11$2.11$2.11
Q4 20241$2.07$2.07$2.07
FY 20244$8.32$8.32$8.32
Q1 20251$2.10$2.10$2.10
Q2 20251$2.15$2.15$2.15
Q3 20251$2.16$2.16$2.16
Q4 20251$2.16$2.16$2.16
FY 20254$8.57$8.57$8.57

Innovative Industrial Properties Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/6/2024Q3 2024$2.13$1.37 -$0.76$1.37$77.30M$76.53M
8/5/2024Q2 2024$2.08$1.44 -$0.64$1.44$77.18M$79.79M
5/8/2024Q1 2024$2.10$1.36 -$0.74$1.36$79.65M$75.45M
2/26/2024Q4 2023$2.07$1.45 -$0.62$1.45$76.55M$79.16M
11/1/2023Q3 2023$2.02$1.45 -$0.57$1.45$75.60M$77.83M
8/2/2023Q2 2023$1.94$1.44 -$0.50$1.44$72.10M$76.46M
5/8/2023Q1 2023$1.89$1.43 -$0.46$1.43$70.80M$76.07M
2/27/2023Q4 2022$1.80$1.46 -$0.34$1.46$68.60M$70.46M

Innovative Industrial Properties Earnings - Frequently Asked Questions

Innovative Industrial Properties (NYSE:IIPR) last announced its quarterly earning data on Wednesday, November 6, 2024. Learn more on IIPR's earnings history.

In the previous quarter, Innovative Industrial Properties (NYSE:IIPR) missed the analysts' consensus estimate of $2.13 by $0.76 with a reported earnings per share (EPS) of $1.37. Learn more on analysts' earnings estimate vs. IIPR's actual earnings.

The conference call for Innovative Industrial Properties's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Innovative Industrial Properties's latest earnings report can be read online.
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Innovative Industrial Properties (NYSE:IIPR) has a recorded annual revenue of $310.93 million.

Innovative Industrial Properties (NYSE:IIPR) has a recorded net income of $165.59 million. IIPR has generated $5.62 earnings per share over the last four quarters.

Innovative Industrial Properties (NYSE:IIPR) has a trailing price-to-earnings ratio of 13.11 and a forward price-to-earnings ratio of 8.81.

Innovative Industrial Properties's earnings are expected to grow from $8.36 per share to $8.57 per share in the next year, which is a 2.51% increase.

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This page (NYSE:IIPR) was last updated on 12/21/2024 by MarketBeat.com Staff
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