Power REIT reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 2 million compared to USD 2.04 million a year ago. Revenue was USD 2.23 million compared to USD 2.27 million a year ago. Net income was USD 0.944928 million compared to USD 1.54 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.42 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to USD 0.41 a year ago.
For the six months, sales was USD 3.76 million compared to USD 3.63 million a year ago. Revenue was USD 4.22 million compared to USD 4.09 million a year ago. Net income was USD 1.94 million compared to USD 2.65 million a year ago. Basic earnings per share from continuing operations was USD 0.48 compared to USD 0.77 a year ago. Diluted earnings per share from continuing operations was USD 0.48 compared to USD 0.74 a year ago.