BRT Apartments Q2 FFO $0.35 Beats $0.28 Estimate, Sales $23.86M Beat $23.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
BRT Apartments (NYSE:BRT) reported Q2 earnings of $0.35 per share, beating the analyst estimate of $0.28. Sales were $23.86 million, also surpassing the $23.60 million estimate. Despite the earnings beat, EPS decreased by 5.41% year-over-year.
August 09, 2024 | 8:32 pm
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BRT Apartments reported Q2 earnings of $0.35 per share, beating the analyst estimate of $0.28. Sales were $23.86 million, also surpassing the $23.60 million estimate. Despite the earnings beat, EPS decreased by 5.41% year-over-year.
BRT Apartments' earnings and sales both beat analyst estimates, which is generally positive for the stock. However, the year-over-year decrease in EPS may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100