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

Rithm Property Trust

03/11/2022 24:16

* RPT Realty  RPT.N  reported quarterly adjusted earnings of
13
cents​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for a loss of 5
cents per share.
    * Revenue fell 0.8% to $54.73 million from a year ago;
analysts
expected $54.36 million. 
    * RPT Realty's reported EPS for the quarter was 13 cents​.
    * 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 risen by 23.3% this quarter and
lost 30.3%
so far this year.
    * The company reported quarterly net income of $11.3
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 3 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 12:16 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.25           0.27           Beat
 Jun. 30 2022      0.26           0.27           Beat
 Mar. 31 2022      0.25           0.26           Beat
 Dec. 31 2021      0.24           0.25           Beat