Hammerson (LON:HMSO) Announces Quarterly Earnings Results

Hammerson (LON:HMSO) released its quarterly earnings data on Wednesday. The real estate investment trust reported GBX 19.90 ($0.25) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Hammerson had a negative return on equity of 25.94% and a negative net margin of 346.30%.

Hammerson Price Performance

Hammerson stock traded down GBX 18.72 ($0.24) during mid-day trading on Wednesday, reaching GBX 270.68 ($3.43). 2,058,766 shares of the company were exchanged, compared to its average volume of 1,768,030. The company has a fifty day simple moving average of GBX 281.75 and a 200-day simple moving average of GBX 223.78. Hammerson has a 12 month low of GBX 246 ($3.12) and a 12 month high of GBX 325 ($4.12). The company has a debt-to-equity ratio of 80.77, a current ratio of 10.65 and a quick ratio of 1.28. The firm has a market cap of £1.32 billion, a PE ratio of -49.38, a PEG ratio of 1.68 and a beta of 2.30.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.