Presidio Property Trust Q2 EPS $(0.018) Down From $0.02 YoY, Sales $4.54M Up From $4.32M YoY
Portfolio Pulse from Benzinga Newsdesk
Presidio Property Trust (NASDAQ:SQFT) reported Q2 losses of $(0.018) per share, a 190% decrease YoY. However, the company's sales increased by 5.16% to $4.54 million compared to $4.32 million in the same period last year.
August 14, 2023 | 9:49 pm
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NEUTRAL IMPACT
Presidio Property Trust reported a significant decrease in earnings but an increase in sales. This mixed result could lead to uncertainty in the market.
The company's earnings have significantly decreased compared to the same period last year, which could negatively impact the stock price. However, the increase in sales could offset this negative impact, leading to a neutral score.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100