PREIT Reports First Quarter 2021 Results

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PREIT (PEI) Reports Q1 Loss of $0.64, Revenues Miss

May 5, 2021 5:39 PM EDT

PREIT (NYSE: PEI) reported Q1 EPS of ($0.64), versus ($0.26) reported last year. Revenue for the quarter came in at $65.4 million versus the consensus estimate of $68 million.

"The brick and mortar recovery is gaining momentum and we believe our portfolio is poised to capitalize on... More