Office Properties Income Trust expected to post a loss of 43 cents a share - Earnings Preview

Office Properties Income Trust

30/04/2024 24:53

* Office Properties Income Trust  OPI.OQ   OPI.O  is
expected
to show a fall in quarterly revenue when it reports  results on
May 1 for the period ending March 31 2024
    * The Newton Massachusetts-based  company is expected to
report a
2.0% decrease in revenue to $129.768 million from $132.42
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Office Properties Income
Trust
is for a loss of 43 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and 1 "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 Office
Properties
Income Trust is $5.80​, above​ its last closing price of $2.09.
​​​

The company's guidance on February 16 2024 for the period ended
March 31 was for Funds Flow from Operations between USD0.79 and
USD0.81.
This summary was machine generated April 29 at 23:53 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)