realestate

S&P 500 Real Estate Earnings: Only 2 Out of 6 Exceed Estimates

Only two of six S&P 500 real estate companies beat earnings estimates, while five reported revenue beats.

T
his week, only two of the six S&P 500 real estate companies exceeded earnings consensus estimates. Five out of the six reported revenue above expectations. The sector's performance was mixed, with XLRE declining 1.10% in the second quarter.

Stock market graph with 2 rising arrows, 4 falling arrows, and a US map.