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

Rithm Property Trust

03/08/2023 24:34

* RPT Realty  RPT.N  reported a quarterly adjusted loss of 2
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 2 cents per share.
    * Revenue fell 7.7% to $51.05 million from a year ago;
analysts
expected $49.59 million. 
    * RPT Realty's reported EPS for the quarter was a loss of 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * RPT Realty shares had risen by 3.4% this quarter and
gained 7.7%
so far this year.
    * The company reported a quarterly loss of $1.64 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," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 11:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.24           0.25           Beat
 Mar. 31 2023      0.24           0.25           Beat
 Dec. 31 2022      0.24           0.24           Met
 Sep. 30 2022      0.25           0.27           Beat