Investing.com - Urstadt Biddle Properties reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Urstadt Biddle Properties announced earnings per share of $0.5 on revenue of $107.04M. Analysts polled by Investing.com anticipated EPS of $0.2367 on revenue of $35.74M.
Urstadt Biddle Properties shares are down 17% from the beginning of the year and are trading at $16.53 , down-from-52-week-high.They are outperforming the Nasdaq which is down 24.18% from the start of the year.
Urstadt Biddle Properties follows other major Real Estate sector earnings this month
Urstadt Biddle Properties's report follows an earnings beat by Ke Hldg on August 23, who reported EPS of $-0.52 on revenue of $13.78B, compared to forecasts EPS of $-1.59 on revenue of $11.37B.
BR MALLS ADR had matched expectations on August 11 with third quarter EPS of $0.0518 on revenue of $68.78M, compared to forecast for EPS of $0.0518 on revenue of $71.18M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar