City Office REIT Inc expected to post a loss of 10 cents a share - Earnings Preview

City Office REIT

30/04/2025 13:55

City Office REIT Inc CIO.N, CIO is expected to show a fall in quarterly revenue when it reports  results on May 2 for the period ending March 31 2025

The Vancouver British Columbia-based  company is expected to report a 4.7% decrease in revenue to $42.383 million from $44.49 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for City Office REIT Inc is for a loss of 10 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for City Office REIT Inc is $6.00‚Äč, above‚Äč its last closing price of $5.15. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.27
Sep. 30 2024
0.27
0.28
0.27
Missed
-3.6
Jun. 30 2024
0.30
0.31
0.28
Missed
-8.5‚Äč
Mar. 31 2024
0.31
0.31
0.33
Beat
7.8
‚Äč‚ÄčDec. 31 2023
0.33
0.32
0.33
Beat
2.3
Sep. 30 2023
0.31
0.32
0.34
Beat
6.9‚Äč
Jun. 30 2023
0.33
0.34
0.35
Beat
4
Mar. 31 2023
0.35
0.35
0.37
Beat
5.2

This summary was machine generated April 30 at 12:55 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)