Custodian Property Income REIT First Half 2024 Earnings: UK£0.006 loss per share (vs UK£0.032 loss in 1H 2023)

Custodian Property Income REIT (LON:CREI) First Half 2024 Results

Key Financial Results

• Revenue: UK£22.8m (up 2.4% from 1H 2023).
• Net loss: UK£2.67m (loss narrowed by 81% from 1H 2023).
• UK£0.006 loss per share (improved from UK£0.032 loss in 1H 2023).

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

Custodian Property Income REIT Earnings Insights

Looking ahead, revenue is expected to fall by 2.8% p.a. on average during the next 2 years compared to a 4.6% decline forecast for the REITs industry in the United Kingdom.

Performance of the British REITs industry.

The company's shares are down 1.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Custodian Property Income REIT you should be aware of.

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