NYSE$BRT
BRT Apartments Corp · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported fourth quarter and full year results, issuing full year 2023 guidance.
BRT Apartments Corp. reported a net loss of $4.2 million for Q4 2022, with FFO at $0.40 per diluted share and AFFO at $0.37 per diluted share. The company's Combined Portfolio NOI increased by 0.7% for the quarter. Full year 2022 saw a net income of $50.0 million, FFO of $1.24 per diluted share, and AFFO of $1.52 per diluted share.
- Reported a net loss of $4.2 million, or $(0.22) per diluted share.
- FFO was $0.40 per diluted share and Adjusted Funds from Operations, or AFFO, of $0.37 per diluted share.
- Equity in earnings of unconsolidated joint ventures was $580,000.
- Combined Portfolio NOI increased 0.7%.
Headline financials
Revenue & EPS history
BRT · Revenue · Quarterly
$22.7M
Revenue by segment
BRT · $21.7M total across 1 segment · Q3 2022
- Rental and Other Revenue$21.7M—100.0%
Forward guidance
The Company issued its full year 2023 guidance ranges for net income, FFO and AFFO per diluted share as well as the accompanying guidance assumptions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
+0.1%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+2.9%
Avg return
30 days after
54%
32 / 59 earnings
Positive
+13.2%
Q4 2020
Best reaction
-11.2%
Q1 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.9% | +0.1% | +0.8% | |
| Q4 2025 | +3.3% | -3.5% | -2.7% | |
| Q3 2025 | -1.6% | -2.1% | -2.0% | |
| Q1 2025 | -2.0% | -2.9% | +4.0% | |
| Q4 2024 | -2.4% | -5.3% | -10.9% | |
| Q3 2024 | +4.8% | +1.8% | +4.1% | |
| Q2 2024 | -3.8% | -3.1% | +1.5% | |
| Q1 2024 | -2.1% | -5.7% | -4.7% | |
| Q4 2023 | +2.2% | +1.7% | +7.3% | |
| Q3 2023 | -1.1% | -2.4% | +9.1% | |
| Q2 2023 | -2.3% | -0.9% | -5.6% | |
| Q1 2023 | -3.3% | -0.6% | +15.7% | |
| Q4 2022 | -7.4% | -8.7% | -6.3% | |
| Q3 2022 | -2.5% | +0.4% | -5.8% | |
| Q2 2022 | +5.1% | +14.9% | +4.4% | |
| Q1 2022 | -7.9% | +0.2% | +9.6% | |
| Q4 2021 | +0.2% | +4.3% | +2.3% | |
| Q3 2021 | -3.0% | -5.1% | -4.3% | |
| Q2 2021 | +2.9% | +1.6% | +18.3% | |
| Q1 2021 | +1.6% | -3.1% | +0.8% | |
| Q4 2020 | +13.2% | +9.6% | -6.0% | |
| Q3 2020 | +1.5% | +15.4% | +17.9% | |
| Q2 2020 | -5.3% | -2.3% | +19.7% | |
| Q1 2020 | -0.6% | -5.6% | -7.0% | |
| Q4 2019 | +2.8% | +3.3% | +10.4% | |
| Q3 2019 | +3.6% | +4.8% | +5.1% | |
| Q2 2019 | -0.1% | -1.6% | -8.7% | |
| Q1 2019 | +1.2% | +0.9% | +4.2% | |
| Q4 2018 | +0.9% | -0.4% | +8.4% | |
| Q3 2018 | -1.8% | +0.2% | -1.7% | |
| Q2 2018 | +1.6% | +5.7% | +5.9% | |
| Q1 2018 | -0.3% | -3.2% | -7.5% | |
| Q4 2017 | +1.5% | +1.4% | +16.9% | |
| Q3 2017 | -1.6% | -4.4% | -1.0% | |
| Q2 2017 | +0.1% | +1.1% | +0.5% | |
| Q1 2017 | +1.1% | +1.1% | -5.1% | |
| Q4 2016 | +2.6% | +2.5% | +6.8% | |
| Q3 2016 | +0.1% | +0.4% | +14.9% | |
| Q2 2016 | — | — | — | |
| Q1 2016 | +0.5% | — | — | |
| Q4 2015 | -3.1% | — | — | |
| Q3 2015 | +0.6% | — | — | |
| Q1 2015 | -0.8% | — | — | |
| Q4 2014 | -2.8% | — | — | |
| Q2 2014 | -1.4% | — | — | |
| Q1 2014 | +3.8% | — | — | |
| Q4 2013 | -1.8% | — | — | |
| Q3 2013 | +1.3% | — | — | |
| Q2 2013 | +5.4% | — | — | |
| Q1 2013 | -11.2% | — | — | |
| Q4 2012 | +0.3% | — | — | |
| Q3 2012 | -0.5% | — | — | |
| Q2 2012 | +0.5% | — | — | |
| Q1 2012 | +0.6% | — | — | |
| Q4 2011 | +0.8% | — | — | |
| Q2 2011 | +3.8% | — | — | |
| Q4 2010 | +3.8% | — | — | |
| Q1 2011 | +3.9% | — | — | |
| Q2 2010 | -1.3% | — | — | |
| Q1 2010 | +0.0% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro