Mack-Cali Realty Corporation (NYSE:CLI) is set to announce second quarter earning results on Monday 3rd August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, CLI to report 2Q20 loss of $ 0.04 per share from revenue of $ 98.91 million.
For the full year, analysts anticipate top line of $ 376.12 million, while looking forward to loss of $ 0.56 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.24 ~ $ 1.36 per share
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Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CLI was $ 14.42, representing a 11.78 % increase from the 52 week low of $ 12.90 and a 39.64 % decrease over the 52 week high of $ 23.89.
The company has a market capital of $ 1.31 billion and is part of the Real Estate sector and REIT – Office industry.
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Conference Call
Mack-Cali Realty Corporation will be hosting a conference call at 8:00 AM eastern time on 3rd 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.mack-cali.com
One of the countrys leading real estate investment trusts (REITs), Mack-Cali Realty Corporation is an owner, manager and developer of premier office and multifamily properties in select waterfront and transit-oriented markets throughout the Northeast. Mack-Cali is headquartered in Jersey City, New Jersey, and is the visionary behind the citys flourishing waterfront, where the company is leading development, improvement and place-making initiatives for Harborside, a master-planned destination comprised of class A office, luxury apartments, diverse retail and restaurants, and public spaces. A fully-integrated and self-managed company, Mack-Cali has provided world-class management, leasing, and development services throughout New Jersey and the surrounding region for two decades.
