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 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 "strong buy" or "buy," 6 "hold" and "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 |