Stock Analysis
- Israel
- /
- Real Estate
- /
- TASE:GCT
G City First Quarter 2024 Earnings: ₪0.42 loss per share (vs ₪2.98 loss in 1Q 2023)
G City (TLV:GCT) First Quarter 2024 Results
Key Financial Results
- Revenue: ₪621.0m (up 11% from 1Q 2023).
- Net loss: ₪77.0m (loss narrowed by 85% from 1Q 2023).
- ₪0.42 loss per share (improved from ₪2.98 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
G City shares are up 6.9% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for G City (1 is a bit concerning!) that you should be aware of before investing here.
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About TASE:GCT
G City
Through its subsidiaries, owns, develops, manages, and operates supermarket-anchored urban shopping centers and retail-based mixed-use properties in Israel, North America, Brazil, and Northern and Central Europe.