Stock Analysis

Reit 1 Third Quarter 2023 Earnings: EPS: ₪1.14 (vs ₪0.19 in 3Q 2022)

TASE:RIT1
Source: Shutterstock

Reit 1 (TLV:RIT1) Third Quarter 2023 Results

Key Financial Results

  • Revenue: ₪97.0m (down 11% from 3Q 2022).
  • Net income: ₪221.8m (up by ₪185.8m from 3Q 2022).
  • EPS: ₪1.14 (up from ₪0.19 in 3Q 2022).
earnings-and-revenue-history
TASE:RIT1 Earnings and Revenue History November 18th 2023

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

Reit 1 shares are up 1.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Reit 1 (of which 1 is significant!) you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.