Gazit Globe (GZT) Issues Quarterly Earnings Results
Gazit Globe (NYSE:GZT) (TSE:GZT) announced its quarterly earnings results on Tuesday. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, Morningstar.com reports. Gazit Globe had a negative net margin of 17.39% and a positive return on equity of 2.90%. The firm had revenue of $188.52 million during the quarter. Gazit Globe updated its FY 2018 guidance to $0.97-0.98 EPS.
Shares of NYSE GZT traded down $0.07 during trading on Wednesday, reaching $8.28. The company had a trading volume of 216 shares, compared to its average volume of 1,814. Gazit Globe has a 52 week low of $8.05 and a 52 week high of $11.00. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.41.
Separately, ValuEngine raised shares of Gazit Globe from a “sell” rating to a “hold” rating in a research note on Tuesday, July 31st.
WARNING: This news story was published by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another site, it was stolen and republished in violation of US and international trademark and copyright law. The legal version of this news story can be viewed at https://www.dailypolitical.com/2018/11/21/gazit-globe-gzt-issues-quarterly-earnings-results.html.
Gazit Globe Company Profile
Gazit Globe Ltd, through its subsidiaries, acquires, owns, develops, operates, and manages supermarket-anchored shopping centers in North America, Europe, and internationally. As of December 31, 2016, the company owned and operated 426 properties with a gross leasable area of approximately 6.6 million square meters in approximately 20 countries.
Featured Story: What Is An Exchange-Traded Fund (ETF)?
Receive News & Ratings for Gazit Globe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gazit Globe and related companies with MarketBeat.com's FREE daily email newsletter.