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Article: BRT Realty Trust Announces Results of Operations for the Quarter and Nine Months Ended June 30, 2005.
- Article from:
- Business Wire
- Article date:
- August 8, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GREAT NECK, N.Y. -- BRT Realty Trust (NYSE: BRT) today announced its results of operations for the three and nine months ended June 30, 2005. For the three months ended June 30, 2005, BRT reported total revenues of $6,364,000 and net income of $3,187,000, or $.41 per share on a diluted basis. This compares with total revenues, net income and net income per share on a diluted basis of $4,886,000, $2,309,000, and $.30 per share, respectively, for the three months ended June 30, 2004. Net income for the three months ended June 30, 2004 includes gain from the sale of available-for-sale securities and real estate assets totaling $563,000, or $.07 per share. The weighted average ...
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