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American Strategic Investment Co. (NYC) Reports Q3 Loss, Lags Revenue Estimates
NYCAmerican Strategic Investment (NYC) ZACKS·2024-11-12 13:16

分组1 - American Strategic Investment Co. reported a quarterly loss of 2.62pershare,whichalignswiththeZacksConsensusEstimate,andisanimprovementfromalossof2.62 per share, which aligns with the Zacks Consensus Estimate, and is an improvement from a loss of 4.10 per share a year ago [1] - The company posted revenues of 15.45millionforthequarterendedSeptember2024,missingtheZacksConsensusEstimateby1.6715.45 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1.67%, and down from 16.02 million year-over-year [2] - The stock has increased approximately 9.4% since the beginning of the year, while the S&P 500 has gained 25.8% [3] 分组2 - The earnings outlook for American Strategic Investment Co. is uncertain, with current consensus EPS estimates at -2.27forthecomingquarterand2.27 for the coming quarter and -45.26 for the current fiscal year [7] - The Zacks Industry Rank indicates that the Real Estate - Operations sector is in the bottom 41% of over 250 Zacks industries, suggesting potential underperformance compared to higher-ranked industries [8] - The estimate revisions trend for the company is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6]