Reis (REIS) Releases Quarterly Earnings, Misses Expectations By $0.02 EPS
Reis (NASDAQ:REIS) announced its earnings results on Thursday. The company reported $0.06 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.08 by $0.02, Stock Ratings Network reports. The company had revenue of $8.78 million for the quarter, compared to the consensus estimate of $8.84 million. During the same quarter last year, the company posted $0.08 earnings per share.
Shares of Reis (NASDAQ:REIS) traded up 1.01% during mid-day trading on Thursday, hitting $17.93. 3,936 shares of the company’s stock traded hands. Reis has a one year low of $10.08 and a one year high of $19.08. The stock has a 50-day moving average of $16.75 and a 200-day moving average of $17.26. The company has a market cap of $195.6 million and a P/E ratio of 23.54.
Reis, Inc (NASDAQ:REIS) is a provider of commercial real estate market information and analytical tools for its customers.
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