Yahoo Finance Medalist Diversified REIT First Quarter 2023 Earnings: US$0.069 loss per share (vs US$0.49 loss in 1Q 2022)
Medalist Diversified REIT (NASDAQ:MDRR) First Quarter 2023 Results
Key Financial Results
Revenue: US$2.46m (down 15% from 1Q 2022).
Net loss: US$1.22m (loss widened by 24% from 1Q 2022).
US$0.069 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Medalist Diversified REIT Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 7.0% growth forecast for the REITs industry in the US.
Performance of the American REITs industry.
The company's shares are up 1.9% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Medalist Diversified REIT has 3 warning signs (and 1 which is concerning) we think you should know about.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
