Hammerson (LON:HMSO) Announces Quarterly Earnings Results

Hammerson (LON:HMSO) announced its quarterly earnings data on Wednesday. The real estate investment trust reported GBX 19.90 ($0.25) EPS for the quarter, Digital Look Earnings reports. Hammerson had a negative net margin of 346.30% and a negative return on equity of 25.94%.

Hammerson Stock Performance

LON HMSO traded down GBX 14.40 ($0.18) during trading hours on Wednesday, hitting GBX 275 ($3.49). 1,892,740 shares of the stock were exchanged, compared to its average volume of 1,763,880. The company has a quick ratio of 1.28, a current ratio of 10.65 and a debt-to-equity ratio of 80.77. The company has a market cap of £1.34 billion, a price-to-earnings ratio of -50.16, a price-to-earnings-growth ratio of 1.68 and a beta of 2.30. Hammerson has a 12-month low of GBX 246 ($3.12) and a 12-month high of GBX 325 ($4.12). The stock has a 50-day moving average of GBX 281.75 and a 200 day moving average of GBX 223.78.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.