PREIT Reports Fourth Quarter and Full Year 2017 Results

Go back to PREIT Reports Fourth Quarter and Full Year 2017 Results

Pennsylvania Real Estate Investment Trust (PEI) PT Lowered to $11.50 at Stifel

February 15, 2018 6:30 AM EST

Stifel lowered its price target on Pennsylvania Real Estate Investment Trust (NYSE: PEI) to $11.50 (from $12.00) while maintaining a Hold rating.

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PREIT (PEI) Post Loss of $0.05/Share, FFO of $0.51 (Earlier)

February 14, 2018 3:19 PM EST

Earlier, PREIT (NYSE: PEI) reported Q4 EPS of ($0.05), $0.09 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $99.77 million which may not compare to the consensus estimate of $60.35 million.

Net loss attributable to PREIT common shareholders was $3.4 million, or $0.05 per basic and diluted share, compared to net loss attributable to PREIT common shareholders of $27.8 million, or... More