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Stock impact report

BRT Apartments Corp. Reports Third Fiscal Quarter Results for June 30, 2018

BRT Apartments Corp. (MD) (BRT) 
Last brt apartments corp. (md) earnings: 11/6 04:05 pm Check Earnings Report
US:NYSE Investor Relations: brtapartments.com/investor_relations
Company Research Source: GlobeNewswire
 - Rental Revenue Increases 12.4% - - Acquired Two Multi-Family Properties with 489 Units for $51.3 Million - GREAT NECK, N.Y., Aug. 08, 2018 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), today announced operating results for the three months ended June 30, 2018, the Company’s third quarter of fiscal 2018. Fiscal Third Quarter Highlights: Rental revenue increased 12.4% to $30.0 million in the current quarter from $26.7 million in the corresponding 2017 quarter.Net loss of $0.33 per diluted share compared to a net loss of $0.24 in the same quarter in 2017.  Net loss includes $0.49 and $0.41 per diluted share of non-cash depreciation expense during the three months ended June 30, 2018 and 2017, respectively, after giving effect to $0.22 and $0.13 per diluted share, respectively, of depreciation expense allocated to non-controlling interests. Increased FFO per diluted share to $0.20 from $0.19 in the same 2017 quarter. Grew AFFO per diluted share 4.3% to $0.24 from $0.2 Show less Read more
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