Retail Properties of America, Inc. (NYSE:RPAI) is expected to report third quarter earnings results, after market close, on Monday 2nd November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.01 per share.
Looking ahead, the full year income are expected at $ 0.05 per share on the revenues of $ 420.13 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.04 ~ $ 1.08 per share
Click Here For More Historical Outlooks Of Retail Properties of America, Inc.
Previous Quarter Performance
Retail Properties of America, Inc. unfold income for the second quarter of $ 0.17 per share, from the revenue of $ 96.80 million. The quarterly earnings boosted 70.00 percent while revenues declined 18.28 percent compared with the same quarter last year. The top line results outshined analysts by $ 0.47 million or 0.49 percent.
Stock Performance
On Friday, shares of Retail Properties of America, Inc. has traded high as $ 5.49 and has cracked $ 5.19 on the downward trend, reaching $ 5.24 with volume of 1.24 million shares.
According to the previous trading day, closing price of $ 5.24, representing a 89.20 % increase from the 52 week low of $ 2.87 and a 62.03 % decrease over the 52 week high of $ 14.30.
The company has a market capital of $ 1.12 billion and is part of the Real Estate sector and REIT – Retail industry.
Retail Properties of America, Inc. is a REIT that owns and operates high quality, strategically located open-air shopping centers, including properties with a mixed-use component. As of June 30, 2019, the Company owned 104 retail operating properties in the United States representing 20.0 million square feet.
