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PEI News and Press, Pennsylvania Real Estate Investment Trust From 11/16/21

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Company Name: Pennsylvania Real Estate Investment Trust
Stock Symbol: PEI
Market: NYSE

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PEI - Pennsylvania REIT Earnings: Another Step Forward, Whatever Mr. Market Thinks

PREIT common and preferred shares have plunged in value since the REIT's Q3 earnings report. While PREIT's results weren't quite as strong as in Q2, its properties are still on their way back to full occupancy, and rents appear to be firming up. Management says it expects to close...

PEI - Mall REITs: Survive And Advance

Mall revival or dead cat bounce? Three mall REITs that survived the pandemic - Simon, Tanger, and Macerich - have doubled in value this year on signs of stabilizing fundamentals. While lower-tier malls continue to face nearly insurmountable secular challenges, occupancy rates and rent...

PEI - REITs Rally Amid Reopening Rotation

U.S. equity markets advanced for the fifth-straight week as encouraging employment data, dovish Federal Reserve commentary, and surprising election results powered the major averages to fresh record highs. Closing the week on a seven-day winning streak, the S&P 500 gained 2.0...

PEI - Pennsylvania Real Estate Investment Trust (PEI) CEO Joe Coradino on Q3 2021 Results - Earnings Call Transcript

Pennsylvania Real Estate Investment Trust (PEI) Q3 2021 Earnings Conference Call November 4, 2021, 11:00 AM ET Company Participants Heather Crowell - EVP, Strategy & Communications Joe Coradino - Chairman & CEO Mario Ventresca - CFO Conference Call Participants Presentation Operator G...

PEI - Elevate Credit among financial gainers, Allstate and Leju Holdings among losers

Gainers: Harbor Custom Development (NASDAQ:HCDI) +24%. Elevate Credit (NYSE:ELVT) +17%. Jupai Holdings (NYSE:JP) +16%. Opendoor Technologies (NASDAQ:OPEN) +15%. Encore Capital Group (NASDAQ:ECPG) +9%. Losers: Diversified Healthcare Trust (NASDAQ:DHC) -14%. Pennsylvania Real Estate Investment ...

PEI - PREIT reports Q3 results

PREIT (NYSE:PEI): Q3 Adj. FFO -$0.08 Revenue of $71.73M (+11.8% Y/Y) Shares +5.13% PM. Press Release September Sales for Comparable Tenants Increase 17% over September 2019 Strong Total Core Mall Leased Space at 91.7% For further details see: PREIT reports Q3 results

PEI - PREIT Reports Third Quarter 2021 Results

PREIT Reports Third Quarter 2021 Results Year-to-Date New Transactions Set Five Year Record September Sales for Comparable Tenants Increase 17% over September 2019 Strong Total Core Mall Leased Space at 91.7% Collections Continue to Improve to 92% During the Quarter ...

PEI - Notable earnings before Thursday's open

ABC, ABUS, ACIW, ADAP, AES, AHCO, AKBA, ALBO, ALE, APD, APTV, ARW, ASPS, ATNX, ATRA, ATRS, BCE, BDX, BLDR, BLI, BLL, BRG, BXRX, CARS, CCOI, CFX, CHH, CI, CLDT, CMRX, CNHI, CNP, CNQ, COMM, CPE, CS, CTXS, CWEN, CYBR, DBRG, DEN, DIN, DISH, DLX, DNB, DOCN, DUK, EPAM, ERJ, ESTE, EURN, EVA, FIS, FW...

PEI - PREIT Issues Inaugural Sustainability Report

PREIT Issues Inaugural Sustainability Report Report highlights PREITs commitment to community and takes steps to improve transparency and reporting related to ESG PR Newswire PHILADELPHIA , Oct. 28, 2021 /PRNewswire/ -- PREIT (NYSE: PEI), a leading real e...

PEI - Rents Are Absolutely Soaring

We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...

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