Will BRT's Q4 earnings beat forecasts?
4/3/2025 01:14pm
**BRT's Q4 earnings are likely to beat forecasts.** Here's a detailed analysis:
1. **Consensus Estimate and Forecast**: The estimated EPS for BRT in Q4 2024 is $0.36, and the estimated revenue is $24.16 million. This is a positive indicator, suggesting that analysts are expecting the company to perform well in terms of earnings and revenue.
2. **Historical Performance and Trends**: BRT's historical performance shows fluctuations in earnings per share (EPS) and revenue. For instance, in Q3 2024, the company reported an EPS of -$0.16 and revenue of $23.81 million. In Q2 2024, the EPS was $0.35, and revenue was $26.06 million. The trend suggests that BRT has the potential to exceed earnings expectations, given the variance in EPS and revenue figures.
3. **Market Expectations and Analysts' Views**: Analysts have varied expectations for BRT's Q4 2024 earnings. While some anticipate a loss of 12 cents per share, others expect a higher EPS of $0.35 per share. The midpoint of these expectations falls around the estimated EPS of $0.36, indicating a potential to beat forecasts.
4. **Strategic Initiatives and Operational Highlights**: BRT's Form 10-Q report for Q3 2024 highlights strategic initiatives and operational performance. The company's focus on multi-family properties and its real estate investment trust (REIT) status suggest a solid business model with potential for growth and profitability.
5. **Recent Performance and Adjustments**: BRT's recent performance shows a quarterly adjusted loss of 11 cents per share for the quarter ended December 31, 2024, which is an improvement compared to the previous quarter's adjusted loss of 12 cents per share. This upward trend indicates a potential to meet or exceed earnings expectations.
6. **Revenue Growth and Stability**: BRT's revenue has shown a positive trend, with a 2% increase to $23.97 million in the quarter ended December 31, 2024, compared to the same quarter last year. This growth in revenue supports the notion that BRT's Q4 earnings could beat forecasts.
In conclusion, given the estimated EPS and revenue figures, historical performance, market expectations, strategic initiatives, recent performance adjustments, and revenue growth, BRT's Q4 earnings are poised to beat forecasts.