Landmark Infrastructure: 2Q Earnings Snapshot
Aug. 01, 2018
EL SEGUNDO, Calif. (AP) _ Landmark Infrastructure Partners LP (LMRK) on Wednesday reported second-quarter earnings of $6.1 million.
The El Segundo, California-based company said it had net income of 12 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 12 cents per share.
The property owner and manager posted revenue of $16.8 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $16.9 million.
Landmark Infrastructure shares have decreased 26 percent since the beginning of the year. The stock has decreased 20 percent in the last 12 months.