Clipper Realty Q2 FFO $0.13 Up From $0.12 YoY, Sales $34.54M Miss $35.34M Estimate
Portfolio Pulse from bharat@benzinga.com
Clipper Realty (NYSE:CLPR) reported Q2 earnings of $0.13 per share, an 8.33% increase YoY. However, the company's quarterly sales of $34.54 million missed the analyst consensus estimate of $35.34 million by 2.26%.

August 04, 2023 | 2:34 pm
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Clipper Realty's Q2 earnings per share increased by 8.33% YoY, but sales missed estimates by 2.26%.
Clipper Realty's earnings per share increased YoY, which is a positive sign. However, the company's sales missed analyst estimates, which could negatively impact investor sentiment. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100