Seritage Growth Properties Third Quarter 2024 Earnings: US$0.41 loss per share (vs US$0.038 loss in 3Q 2023)

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Seritage Growth Properties (NYSE:SRG) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$3.25m (down 46% from 3Q 2023).

  • Net loss: US$23.2m (loss widened by US$21.1m from 3Q 2023).

  • US$0.41 loss per share (further deteriorated from US$0.038 loss in 3Q 2023).

earnings-and-revenue-history
NYSE:SRG Earnings and Revenue History November 15th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Seritage Growth Properties shares are down 8.4% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Seritage Growth Properties that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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