Innovative Industrial Properties Inc. (IIPR) Misses Q3 EPS by 1c

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Go back to Innovative Industrial Properties Inc. (IIPR) Misses Q3 EPS by 1c

Innovative Industrial Properties Reports Third Quarter 2022 Results

November 2, 2022 5:10 PM EDT

$368.6 Million of New Investments in First Nine Months of 2022 Drives 30%+ Increase Year-Over-Year in Q3 Total Revenues

SAN DIEGO--(BUSINESS WIRE)-- Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today results for the third quarter ended September 30, 2022.

Third Quarter 2022 and Subsequent Event Highlights

Generated total revenues of approximately $70.9 million in the quarter, representing a 32% increase from the prior years quarter. Recorded net... More