BRT Realty (BRT) Q2 FFO Miss Estimates

分组1 - BRT Realty (BRT) reported quarterly funds from operations (FFO) of $0.35 per share, missing the Zacks Consensus Estimate of $0.37 per share, and down from $0.37 per share a year ago, representing an FFO surprise of -5.41% [1] - The company posted revenues of $23.86 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.76%, compared to year-ago revenues of $23.32 million [2] - BRT has surpassed consensus revenue estimates two times over the last four quarters [2] 分组2 - BRT shares have lost about 3.8% since the beginning of the year, while the S&P 500 has gained 11.5% [3] - The company's FFO outlook is crucial for investors to assess future stock performance, with current consensus FFO estimates at $0.38 for the coming quarter and $1.50 for the current fiscal year [4][7] - The Zacks Industry Rank for REIT and Equity Trust - Residential is currently in the top 32% of over 250 Zacks industries, indicating a favorable industry outlook [8]