Investing.com - Indus Realty Trust reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Indus Realty Trust announced earnings per share of $0.08 on revenue of $13.04M. Analysts polled by Investing.com anticipated EPS of $-0.09 on revenue of $12.12M.
Indus Realty Trust shares are up 19.33% from the beginning of the year and are trading at $52.28 , down-from-52-week-high.
Indus Realty Trust follows other major Real Estate sector earnings this month
Indus Realty Trust'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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