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Power REIT Q2 FFO $0.41 Down From $0.51 YoY

Power REIT (AMEX:PW) reported quarterly earnings of $0.41 per share. This is a 19.61 percent decrease over earnings of $0.51 per share from the same period last year.
byMichael Horton
August 12, 2022
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Power REIT (AMEX:PW) reported quarterly earnings of $0.41 per share. This is a 19.61 percent decrease over earnings of $0.51 per share from the same period last year.

 
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The Wall Street Journal reported that Nelson Peltz's hedge fund made a $300 million profit from a 16-month proxy battle with Disney, but Peltz did not win the two board seats he aimed for. The outcome has been viewed positively by Peltz, but others question the value of his activism. Elon Musk has expressed support for Peltz to be on Disney's board, possibly influencing the stock price. As of April 4, 2024, Disney's stock closed at 117.09, down 2.0%.

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