Sahm Earnings
BRT Apartments (BRT) Stock Shrugs Off Wider Loss As FFO Holds Firm
BRT Apartments (BRT) saw its stock slip marginally despite reporting a wider net loss, as its Funds From Operations (FFO) remained stable. The market appears to be focused on the steady FFO of approximately US$5.5m, which is a key metric for residential REITs, rather than the reported net loss of US$3.4m. While stable FFO supports a mildly positive …