American Strategic Investment Full Year 2022 Earnings: US$9.96 FFO loss per share (vs US$4.29 loss in FY 2021)

American Strategic Investment (NYSE:NYC) Full Year 2022 Results

Key Financial Results

• Revenue: US$64.0m (down 8.8% from FY 2021).
• Funds from operations (FFO) loss: US$17.2m (loss widened by 148% from FY 2021).
• US$9.96 FFO loss per share (further deteriorated from US$4.29 loss in FY 2021).

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

American Strategic Investment Earnings Insights

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the REITs industry in the US.

Performance of the American REITs industry.

The company's shares are down 19% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for American Strategic Investment (1 is a bit unpleasant) you should be aware of.

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