Industrial Logistics Properties Trust Announces Second Quarter 2020 Results

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Industrial Logistics Properties Trust (ILPT) Misses Q2 EPS by 2c, Revenues Beat

July 29, 2020 7:22 AM EDT

Industrial Logistics Properties Trust (NASDAQ: ILPT) reported Q2 EPS of $0.23, $0.02 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $65.11 million versus the consensus estimate of $62.94 million.

Despite a challenging economic environment during the second quarter, industrial and logistics real estate has remained in strong demand, evidenced by an accelerated shift by... More