Equity Commonwealth expected to post a loss of 36 centsa share - Earnings Preview

Equity Commonwealth

08/02/2022 03:04

* Equity Commonwealth  EQC.N   EQC  is expected to show a
fall in
quarterly revenue when it reports  results on February 9. 
    * The Chicago Illinois-based  company is expected to report 
a
6.2% decrease in revenue to $13.79 million from $14.71 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Equity Commonwealth
is
for a loss of 36 cents per share. For the same quarter last
year, the company reported a loss of 3 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The average consensus recommendation for the commercial
reits
peer group is  "Sell".​
    * Wall Street's median 12-month price target for Equity
Commonwealth is $27.5​, about 5.3% above​ its last closing price
of $26.03. ​​​

This summary was machine generated February 8 at 03:04 GMT.  All
figures in US dollars  unless otherwise stated