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

BRT Apartments

09/08/2022 24:43

* BRT Apartments Corp  BRT.N  reported quarterly adjusted
earnings
of $1.91​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 12 cents per
share.
    * Revenue rose 111% to $14.69 million from a year ago;
analysts
expected $11.38 million. 
    * BRT Apartments Corp's reported EPS for the quarter was
$1.91​.
    * The mean earnings estimate of analysts had fallen by
about 9.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * BRT Apartments Corp shares had risen by 2.7% this
quarter and
lost 8.0% so far this year.
    * The company reported quarterly net income of $35.61
million.
    * Wall Street's median 12-month price target for BRT
Apartments
Corp is $27.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 8
at 11:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.27           0.20           Missed
 Mar. 31 2022      0.30           0.35           Beat
 Dec. 31 2021      0.31           0.35           Beat
 Sep. 30 2021      0.28           0.00           Missed