Investing.com - Clipper Realty reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Clipper Realty announced earnings per share of $-0.080 on revenue of $32.8M. Analysts polled by Investing.com anticipated EPS of $-0.040 on revenue of $32.52M.
Clipper Realty shares are down 19% from the beginning of the year , still down 38.23% from its 52 week high of $10.41 set on Wednesday, January 5, 2022.
Clipper Realty follows other major Real Estate sector earnings this month
Clipper Realty's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.15B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar