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Power Reit (NYSEAMER: PW) |
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Price: $1.1300
$-0.03 
-2.494%
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| Day's High:
| $1.16
| Week Perf:
| -2.41 %
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| Day's Low: |
$ 1.13 |
30 Day Perf: |
-0.13 % |
| Volume (M): |
4 |
52 Wk High: |
$ 2.75 |
| Volume (M$): |
$ 4 |
52 Wk Avg: |
$1.16 |
| Open: |
$1.15 |
52 Wk Low: |
$0.60 |
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| Market Capitalization (Millions $) |
4 |
| Shares
Outstanding (Millions) |
3 |
| Employees |
6 |
| Revenues (TTM) (Millions $) |
3 |
| Net Income (TTM) (Millions $) |
-25 |
| Cash Flow (TTM) (Millions $) |
-2 |
| Capital Exp. (TTM) (Millions $) |
0 |
Power Reit
Power REIT (Real Estate Investment Trust) is a real estate investment trust that primarily focuses on acquiring and managing properties related to renewable energy. The company's investments include properties associated with solar power generation facilities and long-term ground leases with utility-scale solar and wind power projects. Through these investments, Power REIT aims to generate stable cash flows from long-term lease agreements with its tenants, while also contributing to the growth and development of the renewable energy sector. The company's strategy revolves around generating sustainable income by owning and operating a diversified portfolio of real estate assets in the renewable energy space.
Company Address: 301 Winding Road Old Bethpage 11804 NY
Company Phone Number: 750-0371 Stock Exchange / Ticker: NYSEAMER PW
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| Stock Performances by Major Competitors |
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| Power Reit
Power REIT Reports Increase in Deficit for Q1 2024 Earnings Season, While Revenue Declines
Power REIT, a Real Estate Investment Trust (REIT) company, has released its financial results for the first quarter of 2024 earnings season. The company reported a significant increase in its deficit per share compared to the previous year, along with a decline in revenue.
During Q1 2024, Power REIT's deficit per share reached $-0.66, a substantial increase from $-0.15 in the same period last year. Additionally, the company's deficit increased from $-0.58 in the prior financial reporting period. These figures signify a challenging quarter for the company, with higher losses incurred.
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| Power Reit
Power Reit, a Real Estate Investment Trusts company, reported its financial results for the most recent fiscal period. The company managed to decrease its loss per share to $-0.58, a significant improvement compared to the $-5.00 loss per share in the same period the previous year. Additionally, the company's EPS improved from -$3.01 per share in the preceding reporting period.
However, the company's revenue dropped sharply by -85.71% to $0.65 million in the most recent fiscal period compared to $4.52 million in the corresponding period a year prior. Sequentially, the revenue surged by 32.34% from $0.49 million. It is important to note that the rest of the Real Estate Investment Trusts sector experienced revenue growth in the fourth quarter of 2023.
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| Power Reit
Power Reit, a Real Estate Investment Trusts company, recently reported disappointing financial results for the July to September 30, 2023 time-frame. The company's revenue experienced a significant decline of 75.666%, reaching only $0.49 million. Additionally, the shortfall per share increased to $-3.01 from the same reporting season a year ago. This drastic decrease in business stands in stark contrast to the average revenue growth observed in the Real Estate Investment Trusts industry during the same period.
In comparison to the preceding reporting season, where the company had a shortfall per share of $-0.69 and revenue of $0.22 million, Power Reit saw a sequential revenue increase of 124.202%. However, despite this increase, the company still experienced a net shortfall of $-10.023 million for the financial third quarter of 2023, compared to zero gains during the same reporting season the previous year.
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| Power Reit
Power Reit, a real estate investment trust (REIT) specializing in owning and leasing solar power infrastructure, has reported disappointing financial results for the financial span ending June 30, 2023. The company recorded a deficit per stock of $-0.69 per share compared to just $0.23 a year ago. This marks a significant decline and indicates the struggles that Power Reit has been experiencing recently.
Furthermore, the advanced deficit from $-0.15 per share from the previous quarter is concerning. It suggests that the company's financial situation is deteriorating, and they are continuing to accumulate losses. This trend raises questions about the effectiveness of their current business model and their ability to generate sustainable revenue and profits.
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| Power Reit
Power Reit is one of the most innovative and disruptive companies in the energy industry, and it just released its first quarter 2023 earnings results, showing a new level of potential and growth. Despite some negative figures in the earnings report, there are many encouraging signs for investors and stakeholders alike.
One of the most positive indicators is the improvement in Income per Share from the previous reporting period. This indicates that the business model and strategy of Power Reit are working, and that they are well-suited to adapt to new conditions and challenges in the market. Furthermore, the company also indicates that it has successfully tackled some of the operational issues it faced during the previous earnings season.
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| Per Share |
Current |
| Earnings (TTM) |
-7.48 $ |
| Revenues (TTM) |
0.9 $
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| Cash Flow (TTM) |
- |
| Cash |
0.65 $
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| Book Value |
1.99 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
-7.48 $
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| Revenues (TTM) |
0.9 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.65 $
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| Book Value |
1.99 $ |
| Dividend (TTM) |
0 $ |
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