NERA's Q2 Earnings Improve Y/Y on Portfolio Expansion, Stock Down 1%
NEN's Q2 earnings per share rose 2.4% year over year on higher rents and joint venture gains, supported by major property acquisitions despite rising interest costs.
| Ticker |
NEN
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| CIK | 0000746514 |
| SIC | 6513 |
| Sector | Finance, Insurance, And Real Estate |
| Industry Category | Real Estate |
| Industry Group | Operators – Apartment Buildings |
| Address | 39 BRIGHTON AVE, ALLSTON, MA, 02134 |
| Website | thehamiltoncompany.com |
| Phone | 6177830039 |
| CEO | Ronald Brown |
| Employees | N/A |
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NERA's Q2 Earnings Improve Y/Y on Portfolio Expansion, Stock Down 1%NEN's Q2 earnings per share rose 2.4% year over year on higher rents and joint venture gains, supported by major property acquisitions despite rising interest costs. New England Realty: Q2 Earnings SnapshotALLSTON, Mass. AP) — New England Realty Associates LP (NEN) on Friday reported earnings of $4.2 million in its second quarter. The Allston, Massachusetts-based company said it had profit of $35.59 per share. Zacks Initiates Coverage of NERA With Neutral RecommendationFind out why Zacks has given NERA a "Neutral" rating, being the first on Wall Street to initiate coverage on the stock. Explore how portfolio expansion, solid rental performance, and liquidity strength are weighed against structural and regional headwinds. The Zacks Analyst Blog Highlights McDonald, RTX, S&P Global and New England Realty AssociatesMcDonald, RTX, S&P Global and New England Realty Associates are part of the Zacks top Analyst Blog. Top Stock Reports for McDonald's, RTX & S&P GlobalToday's Research Daily features new research reports on 16 major stocks, including McDonald's Corp. (MCD), RTX Corp. (RTX) and S&P Global Inc. (SPGI), as well as a micro-cap stock New England Realty Associates Limited Partnership (NEN). |