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Innovative Industrial Properties Reports Fourth Quarter and Full-Year 2024 Results

1. IIPR reported $308.5 million in total revenues for 2024. 2. Net income was $159.9 million, translating to $5.52 per share.

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FAQ

Why Bullish?

The strong revenue and net income suggest robust business performance, likely supporting stock price.

How important is it?

Strong earnings results are critical for IIPR, directly affecting investor sentiment and stock valuation.

Why Short Term?

Immediate financial results tend to influence stock price quickly, as seen previously with earnings announcements.

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IIPR
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today results for the fourth quarter and year ended December 31, 2024. Full Year 2024 Total revenues of $308.5 million. Net income attributable to common stockholders of $159.9 million, or $5.52 per share (all per share amounts in this press release are reported o.

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