City Office REIT Inc reports results for the quarter ended in September - Earnings Summary

City Office REIT

07/11/2022 14:32

* City Office REIT Inc  CIO.N  reported quarterly breakeven
results​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for a loss of
one cent per share.
    * Revenue rose 1.4% to $45.52 million from a year ago;
analysts
expected $44.71 million. 
    * City Office REIT Inc's reported EPS for the quarter was
breakeven results​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * City Office REIT Inc shares had risen by 4.7% this
quarter and
lost 47.1% so far this year.
    * The company reported quarterly net income of $134
thousand.
    * Wall Street's median 12-month price target for City Office
REIT
Inc is $14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
7 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.38           0.37           Missed
 Jun. 30 2022      0.38           0.40           Beat
 Mar. 31 2022      0.37           0.40           Beat
 Dec. 31 2021      0.31           0.34           Beat