4 REITs Building Investors Hopes This Earnings Season

Our proprietary methodology, Earnings ESP, shows the percentage difference between the Most Accurate estimate and the Zacks Consensus Estimate. And research shows that for stocks with this combination of rank and ESP, chances of a positive earnings surprise are as high as 70%.

You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Here are four REITs that have the right combination of elements to deliver an earnings beat when they release their first-quarter results:

Piedmont Office Realty Trust, Inc. (PDM - Free Report) has a Zacks Rank #2 and an Earnings ESP of +2.33%. The Zacks Consensus Estimate is pegged at 43 cents per share, reflecting an expected increase of 5.7% from a year ago. The company delivered positive earnings surprises in three of the last four quarters, with an average beat of 1.82%. The stock is also trading at a discount to the industry average.

Headquartered in Johns Creek, GA, Piedmont Office Realty is engaged in ownership, managing, developing, and operation of high-quality, Class A office properties situated in select sub-markets of the major U.S. cities.

Piedmont Office Realty is slated to release results on May 2.

EPR Properties (EPR - Free Report) has a Zacks Rank #3 and an Earnings ESP of +0.84%. The Zacks Consensus Estimate for the quarter is $1.19 per share. The company delivered positive surprises in three out of the trailing four quarters, with an average beat of 0.83%. This stock is also trading at a discount to the industry average.

Kansas City, MO-based EPR Properties is a specialty REIT trust that invests in three primary segments: Entertainment, Recreation and Education. Its properties include megaplex theaters, entertainment retail centers, and destination recreational and specialty properties. Its focus on multiple property types helps it to beat retail market blues.

EPR Properties is expected to report results on May 2.

You can see the complete list of today’s Zacks #1 Rank stocks here.

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Disclosure: Zacks.com contains statements and statistics that have been obtained from sources ...

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