Earnings Forecast Research on Washington Prime Group Inc. (WPG)

Washington Prime Group Inc. has received $0.49 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $0.48 while the top line estimate is $0.49 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 3.19%.

Washington Prime Group Inc. reported better than expected with a surprise EPS of 4.55% or $0.02 during its most recent quarterly earnings. The Actual EPS was $0.46 compared to the Estimated EPS of $0.44.

Washington Prime Group Inc. has a Price to Earnings ratio of 5.23 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.61. For the Most Recent Fiscal Year, Washington Prime Group Inc. has a price to cash ratio of 7.05. For the Trailing twelve month period, company showed a Net Profit Margin of -6.87% and Return on Equity of the stock is -5.18%.

In the last quarter, Washington Prime Group Inc. reported Annual Earnings of $0.46. Based on the filings, last years Annual Earnings was, $1.71. In the last Quarter, WPG reported a surprise Earnings per Share of 4.55% . The consensus estimate for current quarter is $0.49 and for the current fiscal year, the estimate is $1.79. For the Next fiscal year, the estimate is $1.72 based on the consensus.

Washington Prime Group Inc. (NYSE:WPG) : On Tuesday heightened volatility was witnessed in Washington Prime Group Inc. (NYSE:WPG) which led to swings in the share price. The stock opened for trading at $9.33 and hit $9.72 on the upside , eventually ending the session at $9.65, with a gain of 3.65% or 0.34 points. The heightened volatility saw the trading volume jump to 1,670,432 shares. The 52-week high of the share price is $14.15 and the company has a market cap of $1,789 million. The 52-week low of the share price is at $7.41 .

Washington Prime Group Inc. is a retail REIT. The company is engaged in the ownership, management, acquisition and development of retail properties. Washington Prime Group Inc., formerly known as WP Glimcher Inc., is based in COLUMBUS, United States.


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