Greystone Housing Impact Investors (GHI) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of $0.21. This compares to earnings of $0.39 per share a year ago.
Greystone Housing Impact (GHI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Greystone Housing Impact Investors LP (NYSE:GHI ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Jesse Coury - Chief Financial Officer Ken Rogozinski - Chief Executive Officer Conference Call Participants Jason Weaver - JonesTrading Chris Muller - JMP Securities Jason Stewart - Janney Operator Ladies and gentlemen, greetings and welcome to the Greystone Housing Impact Investors Second Quarter 2024 Earnings Conference Call. It is now my pleasure to introduce to your host, Jesse Coury.
Greystone Housing Impact Investors (GHI) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.85 per share a year ago.
Greystone Housing Impact Investors LP holds a portfolio of mortgage revenue bonds and investments with a smaller portion dedicated to physical real estate. Physical real estate sales provided cash flow in 2023 to sustain the distribution. Currently the leverage ratios are too high to sustain overpayment.
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