Riocan REIT Q2 FFO $0.39 Down From $0.47 YoY, Sales $304.355M Down From $361.654M YoY
Riocan REIT (TSX:REI) reported quarterly earnings of $0.39 per share. This is a 17.02 percent decrease over earnings of $0.47 per share from the same period last year. The company reported $304.355 million in sales
Riocan made less money per share this quarter than last year, and their total sales dropped too. When a company's earnings and sales both shrink, it's a sign to watch whether they can turn things around or if the trend continues.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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