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Plymouth Industrial (PLYM) Reports Q4 Earnings: What Key Metrics Have to Say
PLYMPlymouth Industrial REIT(PLYM) ZACKS·2025-02-27 02:30

Group 1 - Plymouth Industrial reported 47.57millioninrevenueforQ42024,ayearoveryeardeclineof6.347.57 million in revenue for Q4 2024, a year-over-year decline of 6.3% [1] - The company's EPS for the same period was 0.46, compared to 0.20ayearago,indicatinganimprovement[1]Thereportedrevenuewasasurpriseof6.600.20 a year ago, indicating an improvement [1] - The reported revenue was a surprise of -6.60% compared to the Zacks Consensus Estimate of 50.93 million [1] Group 2 - Key metrics indicate that Plymouth Industrial's management fee revenue and other income was 0.28million,exceedingtheaverageestimateof0.28 million, exceeding the average estimate of 0.13 million, representing a year-over-year change of +826.7% [4] - Rental revenue was reported at 47.29million,belowtheaverageestimateof47.29 million, below the average estimate of 50.99 million, reflecting a year-over-year decline of 6.8% [4] - The diluted EPS was reported at 3.24,significantlyhigherthantheestimated3.24, significantly higher than the estimated 0.06 [4] Group 3 - Over the past month, shares of Plymouth Industrial returned -2.6%, compared to the Zacks S&P 500 composite's -2.3% change [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]