Pennsylvania Real Estate Investment Trust (PEI) Stock Price, News & Analysis

Pennsylvania Real Estate Investment Trust (NYSE:PEI) announced its quarterly earnings results on Thursday, March, 11th. The real estate investment trust reported ($39.30) earnings per share (EPS) for the quarter, missing the consensus estimate of $2.40 by $41.70. Pennsylvania Real Estate Investment Trust had a negative net margin of 47.01% and a negative trailing twelve-month return on equity of 567.66%.
Read the conference call transcript.

Pennsylvania Real Estate Investment Trust's stock reverse split before market open on Thursday, June 16th 2022. The 1-15 reverse split was announced on Thursday, June 16th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 16th 2022. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

6 employees have rated Pennsylvania Real Estate Investment Trust Chief Executive Officer Joseph F. Coradino on Glassdoor.com. Joseph F. Coradino has an approval rating of 47% among the company's employees. This puts Joseph F. Coradino in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pennsylvania Real Estate Investment Trust investors own include Washington Prime Group (WPG), CBL & Associates Properties (CBL), Gran Tierra Energy (GTE), CNBX Pharmaceuticals (CNBX), Golar LNG Partners (GMLP), DHT (DHT), ADMA Biologics (ADMA), Aeterna Zentaris (AEZS), EnLink Midstream (ENLC) and Tilly's (TLYS).