RPT Realty reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 52.41 million compared to USD 52.49 million a year ago. Revenue was USD 54.89 million compared to USD 54.73 million a year ago. Net loss was USD 6.18 million compared to net income of USD 12.98 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to basic earnings per share from continuing operations of USD 0.13 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to diluted earnings per share from continuing operations of USD 0.13 a year ago.
For the nine months, sales was USD 150.72 million compared to USD 160.03 million a year ago. Revenue was USD 158.19 million compared to USD 166.11 million a year ago. Net loss was USD 4.89 million compared to net income of USD 25.55 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to basic earnings per share from continuing operations of USD 0.24 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to diluted earnings per share from continuing operations of USD 0.23 a year ago.