New York City REIT Announces First Quarter 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/26/2026
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Stock action shows confidence in central banks: BofA’s Hartnett
- Oil prices slide about 2% as US, Iran explore path out of war
- Why stocks held up despite rising yields and $100 oil? These 2 words explain it
- Barclays asks if equity markets are nearing the boiling point
- White House blocks CNN from Air Force One trip, Washington Post reports
- Merck and Daiichi Sankyo withdraw lung cancer drug application
- Exclusive-SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Fox Factory sells Marucci Sports for $225M, cuts debt
New York City REIT Inc. (NYC) Misses Q1 EPS by $1.34, Revenues Miss
May 13, 2021 6:12 AM EDTNew York City REIT Inc. (NYSE: NYC) reported Q1 EPS of ($1.06), $1.34 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $15.2 million versus the consensus estimate of $16.29 million.
First Quarter 2021 and Subsequent Event Highlights
Revenue was $15.2 million as compared to $17.5 million for the first quarter 2020 and up from $9.9 million in fourth quarter 2020Net loss attributable to common stockholders was $13.5 million as compared to $6.8 million for the first quarter 2020 and $16.6 million in the quarter ended December 31, 2020Cash net operating income (NOI) was $5.6 million compared to $8.4 million for the first quarter... More