Investing.com - Aroundtown reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Aroundtown announced earnings per share of €0.2 on revenue of €310.9M. Analysts polled by Investing.com anticipated EPS of €0.11 on revenue of €304M.
Aroundtown shares are down 19.57% from the beginning of the year, still down 54.65% from its 52 week high of €6.40 set on September 3, 2021. They are under-performing the STOXX 600 which is down 14.72% from the start of the year.
Aroundtown follows other major Real Estate sector earnings this month
Aroundtown's report follows an earnings matched by LEG Immobilien AG on August 10, who reported EPS of €13.71 on revenue of €91.3M, compared to forecasts EPS of €13.71 on revenue of €168.72M.
Grand City had beat expectations on August 15 with second quarter EPS of €1.03 on revenue of €138.6M, compared to forecast for EPS of €0.31 on revenue of €138.8M.
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