Clipper Realty Inc expected to post a loss of 6 cents a share - Earnings Preview

Clipper Realty

03/05/2023 03:07

* Clipper Realty Inc  CLPR.N   CLPR.K  is expected to show a
rise
in quarterly revenue when it reports  results on May 4. 
    * The Brooklyn New York-based  company is expected to report
 a
9.3% increase in revenue to $35.046 million from $32.05 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Clipper Realty Inc
is for
a loss of 6 cents per share. 
    * 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 mean earnings estimate of analysts had fallen by
about 13.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Clipper
Realty
Inc is $12​, above​ its last closing price of $5.33. ​​​

This summary was machine generated May 3 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated