Real Estate Investors Full Year 2023 Earnings: UK£0.054 loss per share (vs UK£0.063 profit in FY 2022)

Real Estate Investors (LON:RLE) Full Year 2023 Results

Key Financial Results

• Revenue: UK£11.5m (down 13% from FY 2022).
• Net loss: UK£9.41m (down by 186% from UK£10.9m profit in FY 2022).
• UK£0.054 loss per share (down from UK£0.063 profit in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Real Estate Investors Earnings Insights

Looking ahead, revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the REITs industry in the United Kingdom are expected to grow by 7.3%.

Performance of the British REITs industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Real Estate Investors (including 1 which is potentially serious).

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