Clipper Realty Inc. (CLPR) Misses Q4 EPS by 4c

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Go back to Clipper Realty Inc. (CLPR) Misses Q4 EPS by 4c

Clipper Realty Inc. Announces Fourth Quarter and Full-Year 2018 Results

March 7, 2019 4:05 PM EST

Reports Record Annual Revenues, Record Annual Income from Operations and Record Quarterly and Annual Adjusted Funds from Operations

NEW YORK--(BUSINESS WIRE)-- Clipper Realty Inc. (NYSE: CLPR) (the Company), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced financial and operating results for the three months and year ended December 31, 2018.

Highlights for the Three Months and Year Ended December 31, 2018

Achieved record annual revenues of $110.0 million for 2018, representing an increase of 5.8% compared to 2017 Achieved record annual... More