Custodian Property Income REIT (LON:CREI) Posts Quarterly Earnings Results

Custodian Property Income REIT (LON:CREI) released its quarterly earnings data on Thursday. The company reported GBX 6.30 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 5,235 million during the quarter. Custodian Property Income REIT had a return on equity of 11.57% and a net margin of 103.97%.

Custodian Property Income REIT Price Performance

CREI stock opened at GBX 87.70 on Thursday. The business has a 50-day moving average price of GBX 85.25 and a 200 day moving average price of GBX 84.57. The company has a market capitalization of £428.64 million, a P/E ratio of 7.69 and a beta of 0.72. Custodian Property Income REIT has a 1-year low of GBX 74.90 and a 1-year high of GBX 91.40.

About Custodian Property Income REIT

Custodian Property Income REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014. Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is principally characterised by smaller, regional, core/core-plus properties. The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund. By principally targeting smaller, regional, core/core-plus properties, the Company seeks to provide investors with an attractive level of income with the potential for capital growth.