RPT Realty Reports Second Quarter 2020 Results; Provides COVID-19 Update
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RPT Realty (RPT) Misses Q2 EPS by 2c, Revenues Miss
August 4, 2020 5:10 PM EDTRPT Realty (NYSE: RPT) reported Q2 EPS of ($0.06), $0.02 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $44.63 million versus the consensus estimate of $47.84 million.
Net (loss) income attributable to common shareholders for the second quarter 2020 of $(4.6) million, or $(0.06) per diluted share, compared to $1.2 million, or $0.01 per diluted share for the same period in 2019.92% of total tenants were open and operating, as of July 31, 2020, based on annualized base rent ("ABR").75% of July and 65% of second quarter 2020 rents have been paid to date.18% of July and 24% of... More