Industrial Logistics Properties Trust Announces First Quarter 2020 Results

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Go back to Industrial Logistics Properties Trust Announces First Quarter 2020 Results

Industrial Logistics Properties Trust (ILPT) Misses Q1 EPS by 6c, Revenues Beat

April 30, 2020 7:16 AM EDT

Industrial Logistics Properties Trust (NASDAQ: ILPT) reported Q1 EPS of $0.20, $0.06 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $64.28 million versus the consensus estimate of $62.03 million.

John Murray, President and Chief Executive Officer of ILPT, made the following statement:

We are focused on and concerned by the impact the COVID-19 pandemic has had on the economy and the real estate industry, but believe we are well positioned to weather disruptions which may... More