New York City REIT Inc reports results for the quarter ended in December - Earnings Summary

American Strategic Investment Co

17/03/2022 11:23

* New York City REIT Inc  NYC.N  reported a quarterly
adjusted
loss of 29 cents​​ per share for the quarter ended in December.
The lone analyst forecast for the quarter was for a loss of 7
cents per share.
    * Revenue rose 145.5% to $24.21 million from a year ago; 
analysts
expected $16.13 million. 
    * New York City REIT Inc's reported EPS for the quarter was
a loss
of 29 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * New York City REIT Inc shares had risen by 11.6% this
quarter.
    * The company reported a quarterly loss of $3.76 million.
    * Wall Street's median 12-month price target for New York
City
REIT Inc is $11.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 17 at 11:23 a.m.  ​All
figures in US dollars unless otherwise stated