Investing.com - Power REIT reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Power REIT announced earnings per share of $0.12 on revenue of $2.01M. Analysts polled by Investing.com EPS of $0.37 on revenue of $2.51M.
Power REIT 's are down 91.94% and is trading at $5.55 , still down 93.23% from its 52 week high of $81.99 set on Thursday, January 13, 2022.
Power REIT follows other major Real Estate sector earnings this month
Power REIT's report follows an earnings beat by American Tower on Thursday, October 27, 2022, who reported EPS of $1.8 on revenue of $2.67B, EPS of $1.13 on revenue of $2.65B.
Equinix had beat expectations on Wednesday, November 2, 2022 with third quarter EPS of $7.73 on revenue of $1.8B, for EPS of $1.83 on revenue of $1.84B.
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