Analysts Have Been Trimming Their Modiv Industrial, Inc. (NYSE:MDV) Price Target After Its Latest Report
It’s been a mediocre week for Modiv Industrial, Inc. (NYSE:MDV) shareholders, with the stock dropping 11% to US$14.62 in the week since its latest quarterly results. Revenues of US$12m arrived in line with expectations, although statutory losses per share were US$0.01, an impressive 88% smaller than what broker models predicted. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We’ve gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
