Investing.com - Centerspace reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Centerspace announced earnings per share of $-0.14 on revenue of $65.44M. Analysts polled by Investing.com anticipated EPS of $-0.06 on revenue of $64.49M.
Centerspace shares are down 37% from the beginning of the year, still down 44.18% from its 52 week high of $112.27 set on December 30, 2021.
Centerspace follows other major Real Estate sector earnings this month
Centerspace's report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on October 27 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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