BRT Apartments Q3 EPS $0.41 Up From $0.38 YoY, Sales $23.85M Beat $23.48M Estimate
Portfolio Pulse from mahesh@benzinga.com
BRT Apartments (NYSE:BRT) reported Q3 earnings of $0.41 per share, a 7.89% increase YoY. The company also reported quarterly sales of $23.85 million, beating the analyst consensus estimate of $23.48 million by 1.58% and marking a 9.93% increase YoY.
November 06, 2023 | 10:09 pm
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POSITIVE IMPACT
BRT Apartments reported a YoY increase in Q3 earnings and sales, beating analyst estimates. This positive financial performance could potentially boost investor confidence and the stock's short-term price.
BRT Apartments reported higher than expected earnings and sales for Q3, which is generally a positive signal for investors. This could lead to increased demand for the stock, potentially driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100