RPT Realty expected to post a loss of 4 cents a share - Earnings Preview

Rithm Property Trust

02/05/2023 03:04

* RPT Realty  RPT.N   RPT  is expected to show a fall in
quarterly
revenue when it reports  results on May 3. 
    * The New York City-based  company is expected to report  a
10.8% decrease in revenue to $50.048 million from $56.09 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for RPT Realty is for a
loss
of 4 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and 1 "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
$10​, above​ its last closing price of $9.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.25        0.25       0.26      Beat    2.5
 ​​Dec.        0.24        0.24       0.25      Beat    2.8
 31 2021                                                
 Sep. 30 2021  0.25        0.25       0.27      Beat    8.3​
 Jun. 30 2021  0.21        0.21       0.22      Beat    2.6
 Mar. 31 2021  0.19        0.19       0.19      Met     -0.8
 This summary was machine generated May 2 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated