TASE:CRSRReal Estate
Carasso Real Estate (TASE:CRSR) Stock Grapples With Losses And Interest Strain
Carasso Real Estate stock came into this earnings print looking tired, with the share price broadly flat over the past week and down almost 8% over the past month. The market had already marked it as a troubled income story, trading on a modest price to sales multiple and paying a dividend that is not covered by earnings. The headline from Q2 is blunt. Revenue reached ₪164.1m, yet Carasso Real Estate still reported a quarterly loss and interest payments remain poorly covered. For a highly...