Benzinga | Aug 3, 2020 06:19AM EDT

Mack-Cali Realty Q2 EPS $0.28 Beats $(0.04) Estimate, Sales $72.65M Miss $98.91M Estimate

Mack-Cali Realty (NYSE:CLI) reported quarterly earnings of $0.28 per share which beat the analyst consensus estimate of $(0.04) by 800 percent. This is a 30 percent decrease over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $72.65 million which missed the analyst consensus estimate of $98.91 million by 26.55 percent. This is a 44.31 percent decrease over sales of $130.46 million the same period last year.