BRT Apartments Corp reports results for the quarter ended December 31 - Earnings Summary
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BRT Apartments Corp reported a quarterly adjusted loss of 11 cents per share for the quarter ended December 31, matching last year's results. Revenue increased by 2% to $23.97 million, below analysts' expectations of $24.65 million. The company incurred a total loss of $2.07 million. Despite the loss, BRT shares rose by 0.4% this quarter. Analysts maintain a "buy" rating, with a median 12-month price target of $22.00.
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