Kent Financial Services Reports Financial Results
BEDMINSTER, N.J.--(BUSINESS WIRE)--Nov. 2, 1999--KENT FINANCIAL
SERVICES, INC. ("KENT") (NASDAQ: KENT) reported a net loss for the
three months ended September 30, 1999, of $616,000, or $.32 per share,
compared to a net loss of $552,000, or $.28 per share, for the
comparable period in 1998. For the nine months ended September 30,
1999, the net loss was $218,000, or $.11 per share, compared to net
income of $213,000, or $.11 per share, for the comparable period in
the prior year. Per share information referred to in this news release
is both basic and diluted earnings per share. Kent has 1,904,308
shares outstanding. |
