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Dec 31, 2020
BRT Q4 2020 Earnings Report
Delivered strong operational performance for the quarter and year.
Key Takeaways
BRT Apartments Corp. reported a net loss of $3.30 million for the three months ended December 31, 2020, with FFO of $4.97 million and AFFO of $5.64 million. The company increased occupancy, grew average monthly rental revenue, and generated NOI growth at consolidated properties.
Net loss attributable to common stockholders was $3.30 million, or $0.19 per diluted share.
FFO was $4.97 million, or $0.29 per diluted share.
AFFO was $5.64 million, or $0.33 per diluted share.
Rental and other revenues from consolidated properties grew 3.8% to $7.03 million.
Forward Guidance
The company is confident in its positioning for the year ahead and looks forward to resuming the pursuit of external growth opportunities for its stockholders.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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