Bluerock Residential Growth REIT, Inc. (AMEX:BRG) is set to announce second quarter earning results on Monday 10th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, BRG to report 2Q20 loss of $ 0.57 per share.
For the full year, analysts anticipate top line of $ 222.38 million, while looking forward to loss of $ 2.43 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 0.83 ~ $ 0.86 per share
Click Here For More Historical Outlooks Of Bluerock Residential Growth REIT, Inc.
Previous Quarter Performance
Bluerock Residential Growth REIT, Inc. unwinded income for the first quarter of $ 0.22 per share, from the revenue of $ 56.24 million. The quarterly revenues extended 9.27 percent compared with the same quarter last year. Street analysts expected Bluerock Residential Growth REIT, Inc. to report loss of $ 0.53 per share on revenue of $ 54.14 million for the first quarter. The bottom line results beat street analysts by $ 0.75 or 141.51 percent, at the same time, top line results outshined analysts by $ 2.10 million or 3.88 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Bluerock Residential Growth REIT, Inc.
Stock Performance
According to the previous trading day, closing price of BRG was $ 7.73, representing a 103.96 % increase from the 52 week low of $ 3.79 and a 38.94 % decrease over the 52 week high of $ 12.66.
The company has a market capital of $ 190.80 million and is part of the Real Estate sector and REIT – Residential industry.
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Conference Call
Bluerock Residential Growth REIT, Inc. will be hosting a conference call at 11:00 AM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.bluerockresidential.com
Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized live/work/play apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice. The Companys objective is to generate value through off-market/relationship-based transactions and, at the asset level, through value add improvements to properties and operations.
