American Strategic Investment  Q3 revenue falls

American Strategic Investment Co

19/11/2025 22:12

Overview

American Strategic Q3 revenue declined

Net income for Q3 was $35.8 mln due to non-cash gain from property disposition

Adjusted EBITDA fell to $1.9 mln from $4.2 mln in Q3 2024

Outlook

Company did not provide specific guidance for future quarters or full year in its press release

Result Drivers

REVENUE DECLINE - Revenue decreased due to the sale of 9 Times Square in the prior year

NON-CASH GAIN - Net income driven by non-cash gain from disposition of 1140 Avenue of the Americas

FORECLOSURE STRATEGY - Consensual foreclosure at 1140 Avenue of the Americas aimed to remove restrictive covenants and reduce expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$12.27 mln
Q3 EPS
$13.60
Q3 Net Income
$35.75 mln


Press Release: ID:nBw2j3pzxa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)