American Strategic Investment (NYSE:NYC) Releases Quarterly Earnings Results, Misses Estimates By $0.54 EPS

American Strategic Investment (NYSE:NYCGet Free Report) announced its earnings results on Wednesday. The company reported ($2.60) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.06) by ($0.54), Zacks reports. American Strategic Investment had a negative return on equity of 17.68% and a negative net margin of 334.85%. The firm had revenue of $14.89 million for the quarter, compared to analyst estimates of $14.74 million.

American Strategic Investment Stock Down 2.7 %

Shares of NYSE:NYC opened at $9.64 on Friday. The company has a market cap of $25.67 million, a P/E ratio of -0.11 and a beta of 0.13. The business has a fifty day simple moving average of $10.10 and a 200-day simple moving average of $9.28. American Strategic Investment has a 52 week low of $5.46 and a 52 week high of $12.52.

About American Strategic Investment

(Get Free Report)

American Strategic Investment Co (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.

Featured Stories

Earnings History for American Strategic Investment (NYSE:NYC)

Receive News & Ratings for American Strategic Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Strategic Investment and related companies with MarketBeat.com's FREE daily email newsletter.