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Veris (VRE) Reports Q1 Earnings: What Key Metrics Have to Say
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Veris Residential (VRE - Free Report) reported $67.76 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 0.6%. EPS of $0.16 for the same period compares to -$0.06 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $68.51 million, representing a surprise of -1.09%. The company delivered an EPS surprise of +23.08%, with the consensus EPS estimate being $0.13.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Veris performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Other income: $1.32 million compared to the $1.55 million average estimate based on two analysts. The reported number represents a change of -34.8% year over year.
Revenues- Management fees: $0.72 million versus the two-analyst average estimate of $0.88 million. The reported number represents a year-over-year change of -22.1%.
Net Earnings Per Share (Diluted): -$0.12 versus -$0.11 estimated by two analysts on average.
Shares of Veris have returned -2.9% over the past month versus the Zacks S&P 500 composite's -6.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Veris (VRE) Reports Q1 Earnings: What Key Metrics Have to Say
Veris Residential (VRE - Free Report) reported $67.76 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 0.6%. EPS of $0.16 for the same period compares to -$0.06 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $68.51 million, representing a surprise of -1.09%. The company delivered an EPS surprise of +23.08%, with the consensus EPS estimate being $0.13.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Veris performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Other income: $1.32 million compared to the $1.55 million average estimate based on two analysts. The reported number represents a change of -34.8% year over year.
- Revenues- Management fees: $0.72 million versus the two-analyst average estimate of $0.88 million. The reported number represents a year-over-year change of -22.1%.
- Net Earnings Per Share (Diluted): -$0.12 versus -$0.11 estimated by two analysts on average.
View all Key Company Metrics for Veris here>>>Shares of Veris have returned -2.9% over the past month versus the Zacks S&P 500 composite's -6.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.