BRT Apartments Q4 net loss $0.11/sh; FY net income $0.16/sh; AFFO $1.52/sh

BRT Apartments Corp.

Q4 net loss $1.7M ($0.11 diluted); full year net income $3.9M ($0.16 diluted).
Q4 FFO $0.34/sh, AFFO $0.38/sh; FY FFO $1.19/sh, AFFO $1.52/sh.
Combined portfolio NOI up 6.4% Q4 and 2.0% FY vs prior year.
Repurchased 206,105 shares in Q4 at $17.53 avg; total 2023 buyback 779,423 shares at $18.47.
Declared Q1 2024 dividend $0.25/share; sold Chatham Court JV for $19.4M net proceeds.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BRT Apartments Corp. reported the fourth quarter ended December 31, 2023 results: net income net loss of $1.7 million, EPS $(0.11) per diluted share.

Period: the fourth quarter ended December 31, 2023
Net income: net loss of $1.7 million
EPS: $(0.11) per diluted share
Result: reported results

Exact text from the filing

Reported results for the fourth quarter of 2023 of net loss of $1.7 million, or $(0.11) per diluted share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BRT Apartments Corp. reported the year ended December 31, 2023 results: net income net income of $3.9 million, EPS $0.16 per diluted share.

Period: the year ended December 31, 2023
Net income: net income of $3.9 million
EPS: $0.16 per diluted share
Result: reported results

Exact text from the filing

Reported results for 2023 of net income of $3.9 million, or $0.16 per diluted share

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

BRT Apartments Corp. filing history →

Source: SEC EDGAR

accession 0000014846-24-000013

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