Sunrise Realty Trust Inc reports results for the quarter ended June 30 - Earnings Summary
Sunrise Realty Trust Inc reports results for the quarter ended June 30 - Earnings Summary
Sunrise Realty Trust Inc SUNS.OQ reported quarterly adjusted earnings of 23 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 25 cents. The mean expectation of four analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 27 cents to 29 cents per share.
Revenue rose 26.8% to $8.57 million from a year ago; analysts expected $8.79 million.
Sunrise Realty Trust Inc's reported EPS for the quarter was 23 cents.
The company reported quarterly net income of $3.08 million.
Sunrise Realty Trust Inc shares had fallen by 2.3% this quarter and lost 18.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.5% 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 "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "hold."
Wall Street's median 12-month price target for Sunrise Realty Trust Inc is $11.50, about 32.9% above its last closing price of $7.72
This summary was machine generated from LSEG data August 6 at 01:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.28 | 0.23 | Missed |
Mar. 31 2026 | 0.26 | 0.32 | Beat |
Dec. 31 2025 | 0.30 | 0.12 | Missed |
Sep. 30 2025 | 0.28 | 0.30 | Beat |
Recent news on Sunrise Realty Trust
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Sunrise Realty Trust Inc reports results for the quarter ended June 30 - Earnings Summary
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