America First Multifamily Investors, L.P. (NASDAQ:ATAX) is reporting third quarter financial results on Tuesday 3rd November 2020, before market open.
According to analysts surveyed by Thomson Reuters, ATAX is expected to report 3Q20 income of $ 0.06 per share from revenue of $ 14.49 million.
For the full year, analysts anticipate top line of $ 58.98 million, while looking forward to income of $ 0.23 per share bottom line.
Previous Quarter Performance
America First Multifamily Investors, L.P. revealed income for the second quarter of $ 0.06 per share, from the revenue of $ 14.50 million. According to street consensus, ATAX was expected to report 2Q20 income of $ 0.16 per share from revenue of $ 22.50 million. The bottom line results missed street analysts by $ 0.1 or 62.5 percent, at the same time, top line results fell short of analysts by $ 8 million or 35.56 percent.
Stock Performance
Shares of America First Multifamily Investors, L.P. traded low $ -0.02 or -0.51 percent on Monday, reaching $ 3.94 with volume of 98.90 thousand shares. America First Multifamily Investors, L.P. has traded high as $ 4.05 and has cracked $ 3.94 on the downward trend
The closing price of $ 3.94, representing a 12.50 % increase from the 52 week low of $ 3.52 and a 51.23 % decrease over the 52 week high of $ 8.12.
The company has a market capital of $ 238.55 million and is part of the Financial Services sector and Specialty Finance industry.
America First Multifamily Investors, L.P. acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction or permanent financing for multifamily and student housing, and residential and commercial properties. It operates through four segments: Mortgage Revenue Bond Investments, MF Properties, Public housing Capital Fund Trust, and Other Investments.
