Liberty Property Trust Earnings: Here’s Why Investors Like These Results

Liberty Property Trust (NYSE:LRY) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.65%.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Liberty Property Trust Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 4.41% to $0.65 in the quarter versus EPS of $0.68 in the year-earlier quarter.

Revenue: Rose 3.6% to $176.6 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Liberty Property Trust reported adjusted EPS income of $0.65 per share. By that measure, the company beat the mean analyst estimate of $0.63. It beat the average revenue estimate of $175.93 million.

Quoting Management: “Liberty had another solid quarter, with strong leasing and tenant retention,” said Bill Hankowsky, chairman and chief executive officer. “Industrial markets continue to strengthen, which is reflected in our occupancy increase for the quarter, while office markets remain tepid. Our performance and market activity is consistent with our expectations going into 2013.”

Key Stats (on next page)…

Revenue decreased 0.5% from $177.49 million in the previous quarter. EPS increased 3.17% from $0.63 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.66 and has not changed. For the current year, the average estimate has moved up from a profit of $2.64 to a profit of $2.65 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]