RPT Realty reports results for the quarter ended in December - Earnings Summary

Rithm Property Trust

15/02/2023 23:36

* RPT Realty  RPT.N  reported quarterly adjusted earnings of
63
cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for a loss of 2
cents per share.
    * Revenue fell 7.9% to $51.55 million from a year ago;
analysts
expected $53.11 million. 
    * RPT Realty's reported EPS for the quarter was 63 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6% in
the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * RPT Realty shares had risen by 4.4% this quarter.
    * The company reported quarterly net income of $56.83
million.
    * Wall Street's median 12-month price target for RPT Realty
is
$11.00 
    * 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." 

This summary was machine generated from Refinitiv data February
15 at 11:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.24           0.24           Met
 Sep. 30 2022      0.25           0.27           Beat
 Jun. 30 2022      0.26           0.27           Beat
 Mar. 31 2022      0.25           0.26           Beat