Stock Estimates watch: Liberty Property Trust (NYSE:LPT)

The shares of Liberty Property Trust (NYSE:LPT) currently has mean rating of 3.00 while 0 analysts have recommended the shares as “BUY”, 0 recommended as “OUTPERFORM” and 12 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 189.44M by 7 analysts. The means estimate of sales for the year ending Dec 16 is 754.21M by 7 analysts.

The mean price target for the shares of Liberty Property Trust (LPT) is at 33.28 while the highest price target suggested by the analysts is 38.00 and low price target is 26.50. The mean price target is calculated keeping in view the consensus of 9 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Liberty Property Trust (LPT) stands at 0.64 while the EPS for the current year is fixed at 2.48 by 12 analysts.

The next one year’s EPS estimate is set at 2.52 by 12 analysts while a year ago the analysts suggested the company’s EPS at 2.48. The analysts also projected the company’s long-term growth at 5.50% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, Liberty Property Trust (LPT) reported earnings of $0.62. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 1.60%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On April 26, 2016 Liberty Property Trust (LPT) reported that funds from operations available to common shareholders (diluted) (“FFO”) for the first quarter of 2016 was $0.62 per share, compared to $0.70 per share for the first quarter of 2015.

Net income per share (diluted) was $0.39 for the first quarter of 2016, compared to $0.21 for the first quarter of 2015. Net income for the 2016 period reflects gain on sale of $0.14 per share, compared with $0.02 per share for the 2015 period.

“Liberty’s results reflect the continued benefits of strong industrial demand coupled with measured supply,” said Bill Hankowsky, chairman, president, and chief executive officer. “We continue to see outstanding growth in rents, incremental growth in already-high occupancy, and opportunities for development across our entire platform.”