XTRA:DKGRetail REITs
Deutsche Konsum Real Estate (XTRA:DKG) Stock Trades Above Fair Value As Losses Persist
Deutsche Konsum Real Estate stock closed at €1.37 today after the latest earnings, a level that still leaves holders wrestling with a longer run of weak profitability and dilution. The headline this quarter is not revenue, but rather the strain around profits and the balance sheet.
The company reported a quarterly loss, with basic earnings per share at €0.42 in the red and trailing twelve month earnings from continuing operations also in loss territory. At the same time, the share price sits...