What's Next: Terreno Realty's Earnings Preview

Terreno Realty (NYSE:TRNO) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-06. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Terreno Realty will report an earnings per share (EPS) of $0.61.

The announcement from Terreno Realty is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings Track Record

During the last quarter, the company reported an EPS beat by $0.07, leading to a 4.1% increase in the share price on the subsequent day.

Here's a look at Terreno Realty's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.54

0.58

EPS Actual

0.61

0.57

0.58

0.57

Price Change %

4.0%

1.0%

6.0%

1.0%

Market Performance of Terreno Realty's Stock

Shares of Terreno Realty were trading at $60.67 as of November 04. Over the last 52-week period, shares are up 9.97%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Observations about Terreno Realty

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Terreno Realty.

Terreno Realty has received a total of 7 ratings from analysts, with the consensus rating as Neutral. With ...