Benzinga | Aug 10, 2020 04:57PM EDT

Preferred Apartment Q2 EPS $(1.06) Misses $(0.76) Estimate, Core FFO $0.21 vs $0.36 In Same Qtr. Last Year, Sales $123.28M Miss $125.02M Estimate

Preferred Apartment (NYSE:APTS) reported quarterly losses of $(1.06) per share which missed the analyst consensus estimate of $(0.76) by 39.47 percent. This is a 581.82 percent decrease over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $123.28 million which missed the analyst consensus estimate of $125.02 million by 1.39 percent. This is a 8.28 percent increase over sales of $113.85 million the same period last year.