BRT Apartments Corp reports results for the quarter ended September 30 - Earnings Summary

BRT Apartments

08/11/2024 16:27

* BRT Apartments Corp  BRT.N  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of -8 cents.  The mean expectation of two analysts for the
quarter was for a loss of 16 cents per share. 
    * Revenue rose 2.3% to $24.40 million from a year ago;
analysts
expected $23.81 million. 
    * BRT Apartments Corp's reported EPS for the quarter was a
loss
of 12 cents​.
    * The company reported a quarterly loss of $2.21 million.
    * BRT Apartments Corp shares had risen by 4.9% this
quarter and
lost 0.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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." 
    * 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 $21.00 
This summary was machine generated from LSEG data November 8 at
04:27 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
 Sep. 30 2024      0.28           0.30           Beat
 Jun. 30 2024      0.28           0.29           Beat
 Mar. 31 2024      0.29           0.25           Missed
 Dec. 31 2023      0.28           0.34           Beat