Veris (VRE) Reports Q1 Earnings: What Key Metrics Have to Say

Veris Residential (VRE) 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.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Veris Residential, Inc. (VRE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks