Core Insights - Greystone Housing Impact Investors (GHI) reported quarterly earnings of $0.34 per share, significantly exceeding the Zacks Consensus Estimate of $0.12 per share, and a notable improvement from a loss of $0.12 per share a year ago [1][2] - The earnings surprise of 183.33% indicates a strong performance compared to previous expectations, where the company had a loss of $0.23 per share against an expected $0.21 [2] - Revenue for the quarter was $22.59 million, which fell short of the Zacks Consensus Estimate by 6.48% and decreased from $25.19 million year-over-year [3] Financial Performance - The company has surpassed consensus EPS estimates two times over the last four quarters, while it has only topped revenue estimates once [2][3] - The stock has appreciated approximately 22.9% since the beginning of the year, outperforming the S&P 500's gain of 4.5% [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.37, with expected revenues of $24.97 million, and for the current fiscal year, the estimates are $1.91 on revenues of $108.31 million [8] - The estimate revisions trend for Greystone Housing Impact is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [7] Industry Context - The Financial - Miscellaneous Services industry, to which Greystone Housing Impact belongs, is currently ranked in the top 20% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [9]
Greystone Housing Impact Investors (GHI) Q4 Earnings Surpass Estimates