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home / news releases / RPT - RPT Realty beats Q1 top and bottom line estimates; reaffirms FY23 outlook


RPT - RPT Realty beats Q1 top and bottom line estimates; reaffirms FY23 outlook

2023-05-03 17:23:48 ET

  • RPT Realty press release ( NYSE: RPT ): Q1 FFO of $0.25 beats by $0.01 .
  • Revenue of $52.25M (-6.8% Y/Y) beats by $1.7M .
  • Same property net operating income growth of 3.8% in the first quarter 2023 , compared to an increase of 9.9% in the first quarter of 2022.
  • Net income (loss) attributable to common shareholders for the first quarter 2023 of - $0.4M , or - $0.01 per diluted share, compared to $4.1M , or $0.05 per diluted share for the same period in 2022 .
  • The Company is maintaining its 2023 operating FFO per diluted share guidance at $0.97 to $1.01 vs. consensus of $0.99.

For further details see:

RPT Realty beats Q1 top and bottom line estimates; reaffirms FY23 outlook
Stock Information

Company Name: RPT Realty
Stock Symbol: RPT
Market: NYSE
Website: rptrealty.com

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