BRT - Earnings announcements

GREAT NECK, N.Y., March 12, 2024 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that own multi-family properties, today reported results for the fourth quarter and year ended December 31, 2023. Highlights Reported results for the fourth quarter of 2023 of net loss of $1.7 million, or $(0.11) per diluted share, Funds from Operations, or FFO, of $0.34 per diluted share and Adjusted Funds from Operations, or AFFO, of $0.38 per diluted share.Reported results for 2023 of net income of $3.9 million, or $0.16 per diluted share, FFO of $1.19 per diluted share and AFFO of $1.52

GREAT NECK, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that own multi-family properties, today announced it will release financial results for the fourth quarter ended December 31, 2023 after the market closes on Tuesday, March 12, 2024. The Company will host a conference call and webcast to review its fourth quarter results with investors and other interested parties at 9:00 a.m. ET on Wednesday, March 13, 2024. To participate in the conference call, callers from the United States and Canada should dial 1-888-349-0092, and international callers shou

GREAT NECK, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that own multi-family properties, today reported results for the third quarter ended September 30, 2023. Highlights Reported results for the third quarter of 2023 of net loss of $1.5 million, or $(0.08) per diluted share, Funds from Operations, or FFO, of $0.31 per diluted share and Adjusted Funds from Operations, or AFFO, of $0.41 per diluted share.Equity in earnings of unconsolidated joint ventures was $426,000 in the third quarter of 2023 and $135,000 for the corresponding 2022 quarte

GREAT NECK, N.Y., Oct. 24, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that own multi-family properties, today announced it will release financial results for the third quarter ended September 30, 2023 after the market closes on Monday, November 6, 2023. The Company will host a conference call and webcast to review its results and 2023 outlook with investors and other interested parties at 9:00 a.m. ET on Tuesday, November 7, 2023. To participate in the conference call, callers from the United States and Canada should dial 1-888-349-0092, and international callers

– Affirms Full Year 2023 Guidance – GREAT NECK, N. Y. , Aug. 07, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that own multi-family properties, today reported results for the second quarter ended June 30, 2023. Highlights Reported results for the second quarter of 2023 of net income of $11.2 million, or $0.58 per diluted share, Funds from Operations, or FFO, of $0.28 per diluted share and Adjusted Funds from Operations, or AFFO, of $0.37 per diluted share.Equity (loss) in earnings of unconsolidated joint ventures was $464,000 in the second quarter of 2023 and

GREAT NECK, N.Y., July 25, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that own multi-family properties, today announced it will release financial results for the second quarter ended June 30, 2023 after the market closes on Monday, August 7, 2023. The Company will host a conference call and webcast to review its results and 2023 outlook with investors and other interested parties at 9:00 a.m. ET on Tuesday, August 8, 2023. To participate in the conference call, callers from the United States and Canada should dial 1-888-349-0092, and international callers should di

GREAT NECK, N.Y., May 08, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that own multi-family properties, today reported results for the first quarter ended March 31, 2023. Highlights Reported results for the first quarter of 2023 of a net loss of $4.1 million, or $(0.21) per diluted share, Funds from Operations, or FFO, of $0.28 per diluted share and Adjusted Funds from Operations, or AFFO, of $0.36 per diluted share.Equity in earnings of unconsolidated joint ventures was $815,000 in the first quarter of 2023 and $1.2 million for the corresponding 2022 quarter.Combi

GREAT NECK, N.Y., April 25, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that own multi-family properties, today announced it will release financial results for the first quarter ended March 31, 2023 after the market closes on Monday, May 8, 2023. The Company will host a conference call and webcast to review its results and 2023 outlook with investors and other interested parties at 9:00 a.m. ET on Tuesday, May 9, 2023. To participate in the conference call, callers from the United States and Canada should dial 1-877-300-8521, and international callers should dial 1-

– Issues Full Year 2023 Guidance – GREAT NECK, N.Y., March 14, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that own multi-family properties, today reported results for the fourth quarter and year ended December 31, 2022, and issued guidance for expected full year 2023 results. Highlights Reported results for the fourth quarter of 2022 of a net loss of $4.2 million, or $(0.22) per diluted share, Funds from Operations, or FFO, of $0.40 per diluted share and Adjusted Funds from Operations, or AFFO, of $0.37 per diluted share.Reported results for 2022 of net income of

GREAT NECK, N.Y., Feb. 21, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that own multi-family properties, today announced it will release financial results for the fourth quarter and year ended December 31, 2022 and guidance for expected full year 2023 results after the market closes on Tuesday, March 14, 2023. The Company will host a conference call and webcast to review its financial results and its 2023 guidance with investors and other interested parties at 9:00 a.m. ET on Wednesday, March 15, 2023. To participate in the conference call, callers from the United

GREAT NECK, N.Y., Oct. 20, 2022 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas, today announced it will release financial results for the third quarter of 2022 after the market close on Monday, November 7, 2022. Conference Call and Webcast Information: The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 8:30 a.m. ET on Tuesday, November 8, 2022. The call will be hosted by Jeffrey A. Gould, Chief Executive Officer. To participate in the conference call, callers from the United States and

– Net Income and AFFO Per Diluted Share Increase 461.8% and 19.4%, Respectively – – Year-to-Date, Acquired Partners' Remaining  Interests in 11 Properties for $105.45 Million – GREAT NECK, N.Y., Aug. 08, 2022 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, develops, multi-family properties, today reported that for the three months ended June 30, 2022, it generated net income of $35.61 million, or $1.91 per diluted share, Funds from Operations, or FFO1, of $3.77 million, or $0.20 per diluted share, and Adjusted Funds from Operations, or AFFO, of $6.95 million, or $0.37 per diluted share. Jeffrey A. Go

GREAT NECK, N.Y., July 26, 2022 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas, today announced it will release financial results for the second quarter of 2022 after the market close on Monday, August 8, 2022. Conference Call and Webcast Information: The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 8:30 a.m. ET on Tuesday, August 9, 2022. The call will be hosted by Jeffrey A. Gould, Chief Executive Officer. To participate in the conference call, callers from the United States and Can

GREAT NECK, N.Y., April 29, 2022 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas, today announced it will release financial results for the first quarter of 2022 after the market close on Monday, May 9, 2022. Conference Call and Webcast Information: The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 8:30 a.m. ET on Tuesday, May 10, 2022. The call will be hosted by Jeffrey A. Gould, Chief Executive Officer. To participate in the conference call, callers from the United States and Canada s

GREAT NECK, N.Y., March 14, 2022 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates and, to a lesser extent, develops multi-family properties, today reported that for the three months ended December 31, 2021, it generated a net loss of $1.25 million, or $0.08 per diluted share, FFO1 of $6.3 million, or $0.35 per diluted share, and AFFO of $7.5 million, or $0.41 per diluted share, and that for the twelve months ended December 31, 2021, it generated net income of $29.1 million, or $1.62 per diluted share, FFO of $17.43 million, or $0.97 per diluted share, and AFFO of $23.81 million, or $1.33 per diluted share. Jeffrey A. Gould, Presiden

GREAT NECK, N.Y., Feb. 25, 2022 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas, today announced it will release financial results for the fourth quarter of 2021 after the market close on Monday, March 14, 2022. Conference Call and Webcast Information: The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 8:30 a.m. ET on Tuesday, March 15, 2022. The call will be hosted by Jeffrey A. Gould, Chief Executive Officer. To participate in the conference call, callers from the United States and Can

– Continues Advantageous Buy-Outs of its JV Partners – – Capital Structure Strengthened by Leverage Reduction – GREAT NECK, N.Y., Nov. 08, 2021 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns and operates multi-family properties, today reported that for the three months ended September 30, 2021, it generated net income of $28.11 million, or $1.54 per diluted share, Funds from Operations, or FFO1, of $7,000, or less than $0.01 per diluted share, and Adjusted Funds from Operations, or AFFO, of $5.66 million, or $0.31 per diluted share. Jeffrey A. Gould, President and Chief Executive Officer stated, "Our third quarter results reflect the

GREAT NECK, N.Y., Oct. 21, 2021 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas, today announced it will release financial results for the third quarter 2021 after the market close on Monday, November 8, 2021. Conference Call and Webcast Information: The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 8:30 a.m. ET on Tuesday, November 9, 2021.  The call will be hosted by Jeffrey A. Gould, Chief Executive Officer.  To participate in the conference call, callers from the United States and C

GREAT NECK, N.Y., Aug. 05, 2021 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns and operates multi-family properties, today reported that for the three months ended June 30, 2021, it generated net income of $6.03 million, or $0.34 per diluted share, Funds from Operations, or FFO1, of $5.06 million, or $0.29 per diluted share, and Adjusted Funds from Operations, or AFFO, of $5.49 million, or $0.31 per diluted share. Jeffrey A. Gould, President and Chief Executive Officer, stated, "In the second quarter, BRT continued to build on its strong start for 2021 and produced positive year-over-year results. Specifically, we grew FFO and AFFO per dilute

GREAT NECK, N.Y., July 21, 2021 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas, today announced it will release financial results for the second quarter 2021 after the market close on Thursday, August 5, 2021. Conference Call and Webcast Information: The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 8:30 a.m. ET on Friday, August 6, 2021. The call will be hosted by Jeffrey A. Gould, Chief Executive Officer. To participate in the conference call, callers from the United States and C