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Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Net Income : $45.6 Mil (TTM As of Jun. 2022)


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What is Bluerock Residential Growth REIT Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Bluerock Residential Growth REIT's Net Income for the three months ended in Jun. 2022 was $6.9 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2022 was $45.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bluerock Residential Growth REIT's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $-0.39.


Bluerock Residential Growth REIT Net Income Historical Data

The historical data trend for Bluerock Residential Growth REIT's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bluerock Residential Growth REIT Net Income Chart

Bluerock Residential Growth REIT Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.65 -1.15 36.74 30.64 91.71

Bluerock Residential Growth REIT Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.23 33.16 -2.89 8.38 6.92

Bluerock Residential Growth REIT Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Bluerock Residential Growth REIT's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=105.154+0+0+-13.442
=91.7

Bluerock Residential Growth REIT's Net Income for the quarter that ended in Jun. 2022 is calculated as

Net Income(Q: Jun. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.952+0+0+7.874
=6.9

Net Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $45.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bluerock Residential Growth REIT  (AMEX:BRG) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Bluerock Residential Growth REIT's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Bluerock Residential Growth REIT Net Income Related Terms

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Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 32nd Floor, New York, NY, USA, 10105
Bluerock Residential Growth REIT Inc is a real estate investment trust (or REIT). The company's objective is to maximize long-term stockholder value by acquiring well-located institutional-quality apartment properties in demographically attractive growth markets across the United States. Its property portfolios include Alexan CityCentre, Alexan Southside, Arium Grandewood, Arium Palmer Ranch, and others.
Executives
Romano Tio director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Michael Difranco officer: Executive VP, Operations 712 FIFTH AVENUE, SUITE 900, NEW YORK NY 10019
Christopher J. Vohs officer: Chief Financial Officer 27777 FRANKLIN RD SUITE 900, SOUTHFIELD MI 48034
Ryan S Macdonald officer: Chief Acquisitions Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10012
Ramin Kamfar director, officer: Chairman and CEO 1345 AVENUE OF THE AMERICAS, 32 FLOOR, NEW YORK NY 10105
Michael L. Konig officer: See Remarks 712 FIFTH AVENUE 9TH FLOOR NEW YORK NY 10019
Jordan B. Ruddy officer: See Remarks 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Babb James G. Iii officer: Chief Investment Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Kamal Jafarnia director 7201 REGENCY COURT, PLANO TX 75024
I. Bobby Majumder director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Elizabeth Scott Harrison director 390 WEST END AVENUE, APARTMENT 3F, NEW YORK NY 10024
Gary Kachadurian director, officer: Chief Investment Officer 620 NEWPORT CENTER DRIVE SUITE 1300 NEWPORT BEACH CA 92660
Bluerock Special Opportunity & Income Fund Ii, Llc 10 percent owner C/O BLUEROCK REAL ESTATE, L.L.C. 70 EAST 55TH STREET, 9TH FLOOR NEW YORK NY 10022
Brian D. Bailey director C/O CARMICHAEL INVESTMENT PARTNERS LLC, 4725 PIEDMONT ROW DRIVE, SUITE 210, CHARLOTTE NC 28210
Randy I Anderson officer: Chief Executive Officer GRIFFIN CAPITAL PLAZA 1520 GRAND AVENUE EL SEGUNDO CA 90245

Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Headlines

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