Industrial Logistics Properties Trust reports results for the quarter ended September 30 - Earnings Summary

• Industrial Logistics Properties Trust reported a quarterly adjusted loss of 46 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -23 cents. The mean expectation of two analysts for the quarter was for a loss of 11 cents per share.

• Revenue rose 5.3% to $116.81 million from a year ago; analysts expected $117.48 million.

• Industrial Logistics Properties Trust's reported EPS for the quarter was a loss of 46 cents​.

• The company reported a quarterly loss of $30.21 million.

• Industrial Logistics Properties Trust shares had risen by 3.9% this quarter and gained 33.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "buy"

• Wall Street's median 12-month price target for Industrial Logistics Properties Trust is $11.00, about 33.3% above its last closing price of $7.34

This summary was machine generated from LSEG data October 29 at 12:29 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)