BRT Q1 Earnings Beat Estimates but Stock Still in Decline

BRT Apartments Corp. (NYSE: BRT) posted a Q1 EPS of -$0.12, outperforming analyst expectations of -$.19 by $0.07. Revenue also surprised to the upside, hitting $24.52 million versus a $23.63 million consensus estimate.

Key Takeaways

• EPS: -$0.12 vs. -$0.19 expected

• Revenue: $24.52M vs. $23.63M expected

• Stock Price: $15.76 at close

• 3-month performance: -12.88%

• 12-month performance: -9.94%

Despite beating on both top and bottom lines, BRT's stock remains in a downtrend, reflecting broader concerns around its earnings momentum and sector headwinds.

Analyst Sentiment

In the past 90 days:

• 0 positive EPS revisions

• 1 negative EPS revision

This indicates that analysts are still cautious about the company's near-term outlook, possibly due to factors like rising interest rates, declining rent growth in select regions, or soft occupancy rates.

Fundamental Watch

To better assess BRT's valuation and financial stability, investors should monitor:

• Ratios (TTM) for profitability and liquidity metrics

• Company Rating for forward-looking analyst sentiment and overall investment grade

Even with the Q1 beat, BRT's stock continues to face pressure—making it a case where fundamentals may need to show more sustained improvement to rebuild investor confidence.