Diversified Healthcare Trust reports results for the quarter ended in December - Earnings Summary

Diversified Healthcare Trust

27/02/2024 01:58

* Diversified Healthcare Trust  DHC.OQ  reported a quarterly
adjusted loss of 43 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of -27 cents.  The lone analyst forecast
for the quarter was for a loss of 25 cents per share. 
    * Revenue rose 7.3% to $361.54 million from a year ago;
analysts
expected $360.99 million. 
    * Diversified Healthcare Trust's reported EPS for the
quarter was
a loss of 43 cents​.
    * The company reported a quarterly loss of $102.56 million.
    * Diversified Healthcare Trust shares had fallen by 20.9%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 25%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the specialized
reits
peer group is  "hold."

Wall Street's median 12-month price target for Diversified
Healthcare Trust is $4.50 
This summary was machine generated from LSEG data February 27 at
01:57 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.05           0.02           Missed
 Sep. 30 2023      0.06           0.03           Missed
 Jun. 30 2023      0.09           0.05           Missed
 Mar. 31 2023      0.03           0.05           Beat