BRT Realty (BRT) Q3 FFO and Revenues Beat Estimates
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BRT Realty reported Q3 funds from operations (FFO) of $0.36 per share, surpassing the Zacks Consensus Estimate of $0.35 per share, though it is a decrease from $0.41 per share a year ago.
November 08, 2024 | 2:00 am
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NEUTRAL IMPACT
BRT Realty's Q3 FFO of $0.36 per share exceeded expectations but was lower than last year's $0.41, indicating a mixed performance.
BRT Realty's Q3 FFO exceeded analyst expectations, which is positive for the stock. However, the year-over-year decline in FFO from $0.41 to $0.36 may concern investors, balancing the short-term impact to neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100