Hammerson (LON:HMSO) announced its earnings results on Monday. The real estate investment trust reported GBX 31.10 ($0.43) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 30.90 ($0.43) by GBX 0.20 ($0.00), Bloomberg Earnings reports. The business had revenue of £2,489 billion during the quarter. Hammerson had a return on equity of 9.72% and a net margin of 235.39%.
Hammerson (LON HMSO) traded down GBX 8.70 ($0.12) during trading on Wednesday, reaching GBX 447 ($6.18). The company’s stock had a trading volume of 7,381,557 shares, compared to its average volume of 4,860,000. The stock has a market capitalization of $3,550.00 and a price-to-earnings ratio of 912.24. Hammerson has a one year low of GBX 445.90 ($6.16) and a one year high of £523.38 ($723.10).
In related news, insider Timon Drakesmith bought 15,000 shares of the stock in a transaction on Tuesday, February 27th. The stock was bought at an average price of GBX 461 ($6.37) per share, for a total transaction of £69,150 ($95,537.44).
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Hammerson plc is a real estate investment trust (REIT). The Company is an owner, manager and developer of retail destinations in Europe. The Company’s segments include United Kingdom, France and Ireland. The Company’s portfolio includes investments in approximately 20 prime shopping centers in the United Kingdom, France and Ireland, over 20 convenient retail parks in the United Kingdom and approximately 20 premium outlets across Europe.
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