Overview
US real estate investor's Q1 net income was $1.01 mln, with a slight increase due to lower interest income
Company saw no revenue from other income in Q1
Outlook
Company did not provide specific guidance or outlook for future periods
Result Drivers
INTEREST INCOME - Company said slight increase in net income was attributable to a decrease in interest income
Company press release: ID:nBw30QdDda
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
$1.01 mln
Q1 Operating Expenses
$97,000
Q1 Operating Income
-$97,000
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the real estate rental, development & operations peer group is "buy."
Wall Street's median 12-month price target for Income Opportunity Realty Investors Inc is $39.00, about 109.8% above its November 11 closing price of $18.59
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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