Logistic Properties Q2 EPS $0.40 Beats $0.04 Estimate, Sales $14.715M Beat $14.140M Estimate
Logistic Properties (AMEX:LPA) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.04 by 900 percent. This is a 1100 percent increase over losses of $(0.04) per share from the
Logistic Properties made way more money than experts predicted this quarter—earning $0.40 per share instead of the expected $0.04, and sales also came in higher. When a company beats expectations by this much, it suggests the business is running better than people thought, so it's worth paying closer attention to how it does next quarter.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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