Investing.com - STAG Industrial reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
STAG Industrial announced earnings per share of $0.57 on revenue of $166.30. Analysts polled by Investing.com EPS of $0.16 on revenue of $164.41M.
STAG Industrial 's are down 18% and is trading at $31.18 , still down 36.59% from its 52 week high of $48.27 set on Friday, December 31, 2021.
STAG Industrial shares gained 1.86% to trade at $31.18 in after-hours trade the report.
STAG Industrial follows other major Real Estate sector earnings this month
STAG Industrial's report follows an earnings beat by American Tower on Thursday, who reported EPS of $1.8 on revenue of $2.67B, EPS of $1.13 on revenue of $2.65B.
Prologis had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.36 on revenue of $1.75B, for EPS of $1.34 on revenue of $1.2B.
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