Companies Reporting Before The Bell
• AudioCodes (NASDAQ:AUDC) is estimated to report quarterly earnings at $0.18 per share on revenue of $61.52 million.
As the first half of 2023 comes to an end, it’s been a clearly challenging time for stocks, and real estate investment trusts (REITs) in particular, with Federal Reserve rate hikes and hints of recession to come. More than half of all REITs have had negative total returns so far.
When investors buy real estate investment trusts (REITs), they aren’t just buying real estate companies. They also are buying the tenants that comprise the REITs leasing portfolio.
Within the universe of real estate investment trusts (REITs), there are several distinct classifications known as subsectors. The subsectors show the various types of real estate properties in which the REITs are invested.