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

BRT Apartments

08/08/2023 24:08

* BRT Apartments Corp  BRT.N  reported quarterly adjusted
earnings
of 58 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of 65 cents
per share.
    * Revenue rose 58.8% to $23.32 million from a year ago;
analysts
expected $23.11 million. 
    * BRT Apartments Corp's reported EPS for the quarter was 58
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * BRT Apartments Corp shares had fallen by 2.7% this
quarter and
lost 1.9% so far this year.
    * The company reported quarterly net income of $11.2
million.
    * Wall Street's median 12-month price target for BRT
Apartments
Corp is $25.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 11:08 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.29           0.28           Missed
 Mar. 31 2023      0.28           0.28           Met
 Dec. 31 2022      0.32           0.40           Beat
 Sep. 30 2022      0.31           0.29           Missed