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

Rithm Property Trust

03/11/2023 05:01

* RPT Realty  RPT.N  reported a quarterly adjusted loss of 9
cents​​ per share for the quarter ended in September, lower than
the same quarter last year, when the company reported EPS of 13
cents.  The mean expectation of four analysts for the quarter
was for a loss of 2 cents per share. Wall Street expected
results to range from -4 cents to -1 cents per share.
    * Revenue rose 0.3% to $54.89 million from a year ago;
analysts
expected $49.13 million. 
    * RPT Realty's reported EPS for the quarter was a loss of 9
cents​.
    * The company reported a quarterly loss of $7.86 million.
    * RPT Realty shares had risen by 2.8% this quarter and
gained 8.2%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "hold"

Wall Street's median 12-month price target for RPT Realty is
$11.00 
This summary was machine generated from LSEG data November 3 at
05:01 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.24           0.24           Met
 Jun. 30 2023      0.24           0.25           Beat
 Mar. 31 2023      0.24           0.25           Beat
 Dec. 31 2022      0.24           0.24           Met