PREIT Reports Fourth Quarter and Full Year 2018 Results

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PREIT (PEI) Reports Q4 Loss of $1.23, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Below Consensus

February 13, 2019 4:47 PM EST

PREIT (NYSE: PEI) reported Q4 EPS of ($1.23), versus $0.03 reported last year. Revenue for the quarter came in at $96.04 million versus the consensus estimate of $59.51 million.

"Our disciplined approach to low-productivity asset sales and proactive department store repositioning along with tenant diversification has resulted in a... More