RPT Realty expected to post a loss of 2 cents a share - Earnings Preview

Rithm Property Trust

01/08/2023 03:02

* RPT Realty  RPT.N   RPT  is expected to show a fall in
quarterly
revenue when it reports  results on August 2. 
    * The New York City-based  company is expected to report  a
10.3% decrease in revenue to $49.586 million from $55.29 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for RPT Realty is for a
loss
of 2 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for RPT Realty
is
$11​, above​ its last closing price of $10.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.23        0.24       0.25      Beat    4.7
 Dec. 31 2023  0.24        0.24       0.24      Met     1.4
 Sep. 30 2022  0.25        0.25       0.27      Beat    7​
 Jun. 30 2022  0.27        0.26       0.27      Beat    3.3
 ​​Mar.        0.25        0.25       0.26      Beat    2.5
 31 2022                                                
 Dec. 31 2021  0.24        0.24       0.25      Beat    2.8​
 Sep. 30 2021  0.25        0.25       0.27      Beat    8.3
 Jun. 30 2021  0.21        0.21       0.22      Beat    2.6
 This summary was machine generated August 1 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated