Group 1: Financial Performance - Plymouth Industrial reported quarterly funds from operations (FFO) of 0.47 per share a year ago [1] - The company posted revenues of 50.78 million year-over-year [2] - Over the last four quarters, Plymouth Industrial has surpassed consensus FFO estimates only once and has topped consensus revenue estimates just once [1][2] Group 2: Stock Performance and Outlook - Plymouth Industrial shares have declined approximately 7.6% since the beginning of the year, contrasting with the S&P 500's gain of 1.3% [3] - The company's FFO outlook is crucial for assessing future stock performance, with current consensus FFO expectations for the coming quarter at 51.94 million, and 216.26 million for the current fiscal year [4][7] - The estimate revisions trend for Plymouth Industrial is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Group 3: Industry Context - The REIT and Equity Trust - Other industry, to which Plymouth Industrial belongs, is currently ranked in the bottom 46% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in estimate revisions, which can impact investor decisions [5]
Plymouth Industrial (PLYM) Matches Q4 FFO Estimates