Monmouth Real Estate (MNR) Reports Q4 EPS of $0.10, Revenues Beat
Get Alerts MNR Hot Sheet
Join SI Premium – FREE
Monmouth Real Estate (NYSE: MNR) reported Q4 EPS of $0.10, versus $0.00 reported last year. Revenue for the quarter came in at $36.6 million versus the consensus estimate of $31.46 million.
Michael P. Landy, President and CEO, commented on the results for the fiscal year 2018, "Fiscal 2018 was a very productive year for Monmouth. We executed exceptionally well and our achievements were many. Mr. Landy stated, "On behalf of the hard-working team at Monmouth, I am happy to report these excellent results. The above metrics reflect a strong Company that has continued to enhance its position over the year. Our business model of investing in well-located, modern industrial buildings, leased primarily to investment-grade tenants, has provided our shareholders with reliable returns throughout the business cycle. The high-quality of our portfolio is evidenced by our sector-leading 99.6% occupancy rate."
For earnings history and earnings-related data on Monmouth Real Estate (MNR) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lockheed Martin (LMT) Tops Q1 EPS by 53c, Beats on Revenue; Offers FY24 Guidance
- Kimberly-Clark (KMB) Tops Q1 EPS by 38c; updates outlook
- Webster Financial (WBS) Misses Q1 EPS by 6c
Create E-mail Alert Related Categories
Earnings, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!