BRT Apartments Corp reports results for the quarter ended March 31 - Earnings Summary

• BRT Apartments Corp BRT.N reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -17 cents. The mean expectation of two analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -19 cents to -14 cents per share.

• Revenue rose 3% to $24.11 million from a year ago; analysts expected $23.85 million.

• BRT Apartments Corp's reported EPS for the quarter was a loss of 12 cents​.

• The company reported a quarterly loss of $2.35 million.

• BRT Apartments Corp shares had fallen by 9.9% this quarter and lost 15.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the residential reits peer group is also "buy"

• Wall Street's median 12-month price target for BRT Apartments Corp is $21.00

This summary was machine generated from LSEG data May 9 at 03:17 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)