BRT Apartments Corp reports results for the quarter ended in December - Earnings Summary

BRT Apartments

12/03/2024 22:28

* BRT Apartments Corp  BRT.N  reported a quarterly adjusted
loss
of 11 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -22 cents.  The lone analyst forecast for the
quarter was for a loss of 10 cents per share. 
    * Revenue rose 3.5% to $23.51 million from a year ago;
analysts
expected $23.82 million. 
    * BRT Apartments Corp's reported EPS for the quarter was a
loss
of 11 cents​.
    * The company reported a quarterly loss of $1.74 million.
    * BRT Apartments Corp shares had fallen by 13.4% this
quarter.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the residential
reits
peer group is also "buy"

Wall Street's median 12-month price target for BRT Apartments
Corp is $25.00 
This summary was machine generated from LSEG data March 12 at
10:28 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.28           0.34           Beat
 Sep. 30 2023      0.28           0.31           Beat
 Jun. 30 2023      0.29           0.28           Missed
 Mar. 31 2023      0.28           0.28           Met