Clipper Realty (NYSE:CLPR) Posts Quarterly Earnings Results

Clipper Realty (NYSE:CLPR) posted its quarterly earnings results on Friday. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.07, Zacks reports. The business had revenue of $38.05 million for the quarter, compared to the consensus estimate of $38.70 million. Clipper Realty had a negative return on equity of 85.95% and a negative net margin of 2.17%.

Clipper Realty Stock Performance

NYSE:CLPR opened at $4.10 on Friday. The firm has a 50-day simple moving average of $4.46 and a 200-day simple moving average of $5.01. Clipper Realty has a one year low of $3.38 and a one year high of $7.12. The firm has a market cap of $66.22 million, a P/E ratio of -14.14 and a beta of 1.24.

Clipper Realty Company Profile

Clipper Realty Inc (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn.