Industrial Logistics Properties Trust Announces First Quarter 2020 Results

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