PREIT Reports Third Quarter 2018 Results

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Go back to PREIT Reports Third Quarter 2018 Results

PREIT (PEI) Misses Q3 EPS by 1c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus

October 30, 2018 4:45 PM EDT

PREIT (NYSE: PEI) reported Q3 EPS of ($0.11), $0.01 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $88.1 million versus the consensus estimate of $56.3 million.

"Having made the difficult and sometimes unpopular decisions in recent years to shed lower-productivity assets and... More