Pershing Square Inc reports results for the quarter ended September 30 - Earnings Summary

• Pershing Square Inc PS.N reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended September 30. The mean expectation of ten analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 11 cents to 16 cents per share.

• Revenue was $56.60 million​; analysts expected $76.67 million.

• Pershing Square Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $19.88 million.

• Pershing Square Inc shares had fallen by 18.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is "buy."

• Wall Street's median 12-month price target for Pershing Square Inc is $42.00, about 11% below its last closing price of $46.62

This summary was machine generated from LSEG data November 2 at 11:54 p.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)