Greystone Housing Impact Investors (NYSE:GHI) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$9.08m (down 44% from 3Q 2023).
• Net loss: US$4.66m (down by 152% from US$8.92m profit in 3Q 2023).
• US$0.20 loss per share (down from US$0.39 profit in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Greystone Housing Impact Investors Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Diversified Financial industry in the US.

Performance of the American Diversified Financial industry.

The company's shares are down 3.4% from a week ago.

Risk Analysis

Be aware that Greystone Housing Impact Investors is showing 4 warning signs in our investment analysis and 1 of those is significant...

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