Real Estate Investors First Half 2023 Earnings: UK£0.005 loss per share (vs UK£0.046 profit in 1H 2022)

Real Estate Investors (LON:RLE) First Half 2023 Results

Key Financial Results

• Revenue: UK£6.06m (down 16% from 1H 2022).

• Net loss: UK£779.0k (down by 109% from UK£8.33m profit in 1H 2022).

• UK£0.005 loss per share (down from UK£0.046 profit in 1H 2022).

earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Real Estate Investors Earnings Insights

Looking ahead, revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.9% decline forecast for the REITs industry in the United Kingdom.

Performance of the British REITs industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 5 warning signs for Real Estate Investors (1 doesn't sit too well with us!) that we have uncovered.

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