Diversified Healthcare Trust expected to post a loss of 25 cents a share - Earnings Preview

Diversified Healthcare Trust

24/02/2024 24:45

* Diversified Healthcare Trust  DHC.OQ   DHC.O  is expected
to show a rise in quarterly revenue when it reports  results on
February 26 for the period ending December 31 2023
    * The Newton Massachusetts-based  company is expected to
report a
7.2% increase in revenue to $360.993 million from $336.89
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
onTotal Revenue)
    * ​LSEG's mean analyst estimate for Diversified Healthcare
Trust
is for a loss of 25 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Diversified
Healthcare Trust is $4.50​, above​ its last closing price
of $2.96. ​​​

This summary was machine generated February 24 at 00:45 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)