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Initial Q2 REIT Earnings: A Mixed-Bag of Results Across Subsectors

For months, investors have been trying to forecast the direction of real estate investment trusts (REITs), analyzing various economic forces of inflation, interest rate hikes and the looming possibility of a recession within the next year or two. This week marks the release of second-quarter 2023 earnings for several bellwether REITs spanning different real estate subsectors, and so far, it's been a mixed bag of results. Investors scrutinize year-over-year changes in earnings — or fu...
United States New York Crown Castle Elon Musk Sl Green Realty Corp Sl Green Realty
Source: yahoo.com

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Netflix quarterly revenue falls short of forecasts, shares drop

LOS ANGELES (Reuters) -Streaming video pioneer Netflix disappointed Wall Street on Wednesday with second-quarter revenue that fell short of analyst estimates, sending shares tumbling nearly 9% in after-hours trading. Shares of Netflix were down 8.9% after the results at $435. Netflix has been looking for new ways to make money as streaming competition intensifies and it nears market saturation in the United States.
United States Lisa Richwine Deepa Babington Netflix Inc Wall Street Craig Huber
Source: yahoo.com

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