---
schema_version: "secwatch.filing_event.v1"
accession: "0000014846-23-000003"
form_type: "8-K"
ticker: "BRT"
cik: "0000014846"
company_name: "BRT Apartments Corp."
filed_at: "2023-03-14T23:59:59+00:00"
generated_at: "2026-06-18T03:05:49.602873+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BRT Apartments reports Q4 net loss $4.2M, full-year net income $50M; issues 2023 guidance

## Summary
- Q4 2022 net loss of $4.2M ($0.22 loss per diluted share); full year net income $50M ($2.66 diluted EPS).
- Q4 FFO $0.40/diluted share, AFFO $0.37; full year FFO $1.24, AFFO $1.52.
- Combined Portfolio NOI up 0.7% Q4 and 11.3% for 2022 versus prior-year periods.
- Full year 2023 guidance: net income per diluted share $0.09-$0.20, FFO $1.08-$1.19, AFFO $1.50-$1.61.
- Declared Q1 2023 dividend $0.25 per share; agreed to buy 238-unit property for ~$62.5M with assumed debt.

## SEC filing metadata
- accession: 0000014846-23-000003
- form_type: 8-K
- ticker: BRT
- cik: 0000014846
- company_name: BRT Apartments Corp.
- filed_at: 2023-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14846/000001484623000003/0000014846-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14846/000001484623000003/brt-20230314.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014846-23-000003
- JSON: https://secwatch.observer/filing/0000014846-23-000003.json
- Plain text: https://secwatch.observer/filing/0000014846-23-000003.txt

## Key facts
- Earnings Releases
  BRT Apartments Corp. reported the fourth quarter of 2022 results: net income a net loss of $4.2 million, EPS $(0.22) per diluted share.
  - Period: the fourth quarter of 2022
  - Net income: a net loss of $4.2 million
  - EPS: $(0.22) per diluted share
  - Result: reported results
  source text: Reported results for the fourth quarter of 2022 of a net loss of $4.2 million, or $(0.22) per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/14846/000001484623000003/0000014846-23-000003-index.htm
- Earnings Releases
  BRT Apartments Corp. reported full year 2023 results: EPS $0.09 to $0.20 per diluted share. Guidance initiated.
  - Period: full year 2023
  - EPS: $0.09 to $0.20 per diluted share
  - Guidance: initiated
  - Result: guidance update
  source text: Issued full year 2023 guidance ranges for net income per diluted share of $0.09 to $0.20
  evidence_url: https://www.sec.gov/Archives/edgar/data/14846/000001484623000003/0000014846-23-000003-index.htm
- Earnings Releases
  BRT Apartments Corp. reported 2022 results: net income net income of $50.0 million, EPS $2.66 per diluted share.
  - Period: 2022
  - Net income: net income of $50.0 million
  - EPS: $2.66 per diluted share
  - Result: reported results
  source text: Reported results for 2022 of net income of $50.0 million, or $2.66 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/14846/000001484623000003/0000014846-23-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.