Clipper Realty Q3 revenue slightly rises

Clipper Realty

13/11/2025 21:12

Overview

Clipper Realty Q3 revenue rose slightly, driven by higher residential rental income

Company reported a Q3 net loss of $4.6 mln, compared to $1.1 mln last year

Adjusted FFO for Q3 was $5.6 mln, down from $7.8 mln last year

Outlook

Company did not provide specific future guidance in its press release

Result Drivers

LEASE TERMINATION - Termination of NYC lease at 250 Livingston Street led to a decrease in commercial revenue

HIGHER RENTAL RATES - Increased rental rates at residential properties drove revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$37.7 mln
Q3 Net Income
-$4.61 mln
Q3 Adjusted FFO
$5.60 mln
Q3 Dividend
$0.10
Q3 Income From Operations
$8.9 mln


Analyst Coverage

The one available analyst rating on the shares is "sell"

The average consensus recommendation for the residential reits peer group is "buy."

Press Release: ID:nBw5nsZgDa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)