ENXTPA:MERYRetail REITs
Mercialys (ENXTPA:MERY) Stock Faces FFO Strength And Profit Quality Doubts
Mercialys stock comes into this earnings season treading water, roughly flat over one month after a small gain over the past week and a slip over three months. The market seems undecided. The earnings print is less hesitant. Half year results show recurring cash generation holding up, with half year Funds From Operations in the mid tens of millions of euros and an upgraded full year recurring net income target per share.
For a retail focused real estate investment trust, that upgrade is the...