Cedar Realty Trust, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 7.7 million compared to USD 8.41 million a year ago. Revenue was USD 7.98 million compared to USD 8.5 million a year ago. Net income was USD 89.31 million compared to net loss of USD 80.52 million a year ago. Basic earnings per share was USD 6.42 compared to basic loss per share of USD 6.28 a year ago.
For the nine months, sales was USD 24.14 million compared to USD 29.85 million a year ago. Revenue was USD 24.77 million compared to USD 30.27 million a year ago. Net income was USD 45.67 million compared to net loss of USD 28.35 million a year ago. Basic earnings per share was USD 2.82 compared to basic loss per share of USD 2.77 a year ago.