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Gazit-Globe: 2Q Earnings Snapshot

August 21, 2019

TEL-AVIV, Israel (AP) _ Gazit-Globe Ltd. (GZTGF) on Wednesday reported a second-quarter loss of $23.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Tel-Aviv, Israel-based company said it had a loss of 13 cents. Losses, adjusted for non-recurring costs, came to 3 cents per share.

The real estate company posted revenue of $195.4 million in the period.

Gazit-Globe shares have risen 37% since the beginning of the year. The stock has risen 5% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GZTGF at https://www.zacks.com/ap/GZTGF

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