realestate

Only 2 of 6 S&P 500 REITs Exceed Earnings Forecasts

Only two of six S&P 500 real estate companies (XLRE) beat quarterly earnings estimates this week.

T
his week, only two of the six S&P 500 real estate companies beat earnings expectations. However, five out of the six exceeded revenue forecasts. The sector's performance was mixed, with XLRE declining by 1.10% in the second quarter.

S&P 500 REITs: six companies, two exceed earnings forecasts in financial district.