earnings
confidence medium
sentiment negative
materiality 0.65
Medalist Diversified posts delayed Q1-Q3 2024 supplements; Q2 net loss of $0.5M; grants insider ownership waiver to CFO
Medalist Diversified, Inc.
2024-FY EPS reported
$0.02
revenue$9,735,127
- Posts Q1-Q3 2024 financial supplements; Q1 net income $1.36M ($0.60 diluted EPS), Q2 net loss $0.52M (-$0.23 EPS).
- Q2 total revenue $2.30M, down 8.5% YoY; portfolio occupancy 97.6% as of June 30, 2024.
- Board waived ownership limit for CFO C. Brent Winn Jr., allowing up to 4.9% of outstanding capital stock.
- Q2 core FFO per share $0.16, AFFO per share $0.22; Q1 core FFO $0.06, AFFO $0.10.