As real estate investment trusts (REITs) were underperforming in 2022, analysts in the major brokerages and banks were busy slashing target prices and downgrading many of the REITs, citing threats from inflation, higher interest rates, increasing risk of defaults, increasing occupancy and higher costs.
Companies Reporting Before The Bell
• Janus Henderson Gr (NYSE:JHG) is expected to report quarterly earnings at $0.48 per share on revenue of $494.27 million.