RPT News and Press, RPT Realty From 11/08/20

RPT Realty (RPT) Q3 2020 Earnings Conference Call November 5, 2020 10:00 am ET Corporate Participants Vincent Chao - Vice President, Finance Brian Harper - President and Chief Executive Officers Mike Fitzmaurice - Chief Financial Officer Conference Call Participants Todd Thomas - KeyBanc Capi...

Flying under-the-radar during Election season, a frenzy of real estate earnings reports over the last three weeks have provided critical information on the state of the commercial real estate sector. Roughly two-thirds of the 170 equity REITs in our coverage universe beat consensus FF...

Image source: The Motley Fool. RPT Realty (NYSE: RPT) Q3 2020 Earnings Call Nov 5, 2020 , 10:00 a.m. ET Operator Continue reading For further details see: RPT Realty (RPT) Q3 2020 Earnings Call Transcript

RPT Realty (RPT): Q3 FFO of $0.20 in-line.Revenue of $46.49M (-21.1% Y/Y) misses by $1.04M.Same property NOI decreased 8.3% Y/Y.94% of total tenants were open and operating, as of October 30, 2020, based on annualized base rent.90% of October and 87% of Q3 rent and recovery income have been p...

Net (loss) income attributable to common shareholders for the third quarter 2020 of $(3.6) million, or $(0.05) per diluted share, compared to $3.8 million, or $0.05 per diluted share for the same period in 2019. 94% of total tenants were open and operating, as of October 30,...

Regional malls, outlet centers, and shopping centers are suffering from rising vacancies and declining rents due to the transition to e-commerce, government lock-downs, and recession. We dramatically trimmed our exposure to retail REITs over the past two years as we began to understan...

U.S. equity markets plunged by the most since March this week as a strong slate of economic data and corporate earnings was overwhelmed by pre-election jitters and amplified coronavirus concerns. A cascading wave of lockdowns across Europe rattled global equity markets while narrowing...

Did the rent get paid? We're at the halfway-point of another newsworthy REIT earnings season. Results thus far have been better-than-expected as dividend cuts have given way to dividend boosts. After 63 equity REITs and 32 mortgage REITs cut dividends in Q2, just three REITs have anno...

U.S. equity markets were mixed this week as better-than-expected economic data and strong corporate earnings results were offset by continued coronavirus concerns and frustration over the ongoing stimulus stalemate. Snapping a three-week winning streak, the S&P 500 ended the ...

Who paid the rent? Real estate earnings season kicks off this week with more than 200 REITs and housing industry companies reporting earnings over the next month. Rent collection - a metric that was rarely reported in the pre-COVID-19 era - has become the most critical statistic track...