Clipper Realty Q4 revenue dips

Clipper Realty

26/02/2026 21:14

Overview

Real estate firm's Q4 revenue declined yr/yr, missing analyst expectations

Net loss widened significantly due to office property issues

Residential revenue rose 9.5% driven by strong leasing

Outlook

Company expects Prospect House property to stabilize in 2026

Result Drivers

RESIDENTIAL LEASING - Strong demand and high occupancy in residential properties drove a 9.5% increase in residential revenue

OFFICE PROPERTY CHALLENGES - Termination of NYC lease at 250 Livingston St and settlement expenses at 141 Livingston St led to decreased commercial revenue

Company press release: ID:nBw5v3LWna

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$37.10 mln
$38.10 mln (1 Analyst)
Q4 Net Income
-$11.30 mln
Q4 Adjusted FFO
$1.70 mln
Q4 Dividend
$0.10
Q4 Income From Operations
$8.10 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."

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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.)