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

Rithm Property Trust

04/05/2023 05:05

* RPT Realty  RPT.N  reported a quarterly adjusted loss of 1
cent​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss of 4
cents per share.
    * Revenue fell 6.8% to $52.25 million from a year ago;
analysts
expected $50.05 million. 
    * RPT Realty's reported EPS for the quarter was a loss of 1
cent​.
    * The mean earnings estimate of analysts had fallen by
about 4% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * RPT Realty shares had fallen by 4.7% this quarter and
lost 9.8%
so far this year.
    * The company reported a quarterly loss of $411 thousand.
    * Wall Street's median 12-month price target for RPT Realty
is
$10.00 
    * 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 LSEG Refinitiv data May
4 at 04:05 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.24           0.25           Beat
 Dec. 31 2022      0.24           0.24           Met
 Sep. 30 2022      0.25           0.27           Beat
 Jun. 30 2022      0.26           0.27           Beat