BRT Apartments Q3 loss widens
BRT•BRT Apartments reported a third-quarter 2026 net loss of $3.90 million, compared with analysts’ $3.72 million estimate. FFO and AFFO per share declined year over year, while the company repurchased 276,801 shares.
1. Quarterly results
BRT Apartments’ third-quarter net loss widened year over year to $3.90 million, missing the $3.72 million consensus estimate. FFO and AFFO per share also declined from a year earlier.
2. Portfolio and shares
Combined portfolio net operating income was little changed year over year, and average monthly rent per occupied unit increased slightly. The company repurchased 276,801 shares during the quarter and did not provide specific financial guidance for upcoming quarters or the full year.
