RPT Realty Q3 Operating FFO Per Share dilutive $0.24 Down From $0.27 YoY, Sales $54.89M Beat $49.13M Estimate
Portfolio Pulse from bharat@benzinga.com
RPT Realty reported Q3 earnings of $0.24 per share, a decrease of 11.11% YoY. The company's quarterly sales were $54.89 million, beating the analyst consensus estimate of $49.13 million by 11.72% and marking a 0.29% increase over the same period last year.
November 02, 2023 | 8:40 pm
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NEUTRAL IMPACT
RPT Realty's Q3 earnings per share decreased by 11.11% YoY, but sales beat estimates and increased slightly YoY.
While RPT Realty's earnings per share decreased, the company's sales beat estimates and increased slightly YoY, which could balance out the impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100