RPT Realty (NYSE:RPT) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.05 per share.
For the full year, analysts predict revenues of $ 181.98 million, while looking forward to loss of $ 0.15 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.07 ~ $ 1.11 per share
Click Here For More Historical Outlooks Of RPT Realty
Previous Quarter Performance
RPT Realty announced income for the second quarter of $ 0.16 per share, from the revenue of $ 44.63 million. The quarterly earnings 1,500.00 percent while revenues declined 22.19 percent compared with the same quarter last year.
The consensus estimates are loss of $ 0.04 per share from $ 47.84 million in revenue. The bottom line results beat street analysts by $ 0.2 or 500.00 percent, at the same time, top line results fell short of analysts by $ 3.21 million or 6.71 percent.
Stock Performance
Shares of RPT Realty traded up $ 0.25 or 4.96 percent on Tuesday, reaching $ 5.29 with volume of 257.00 thousand shares. RPT Realty has traded high as $ 5.33 and has cracked $ 5.05 on the downward trend
According to the previous trading day, closing price of $ 5.29, representing a 9.09 % increase from the 52 week low of $ 4.62 and a 66.8 % decrease over the 52 week high of $ 15.18.
The company has a market capital of $ 428.21 million and is part of the Real Estate sector and REIT – Retail industry.
RPT Realty owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Companys locally-curated consumer experiences reflect the lifestyles of its diverse neighborhoods and match the modern expectations of its retail partners.
