Office Properties Income Trust expected to post a loss of 57 cents a share - Earnings Preview

Office Properties Income Trust

29/10/2024 03:15

* Office Properties Income Trust  OPI.OQ   OPI.O  is
expected
to show a fall in quarterly revenue when it reports  results on
October 30 for the period ending September 30 2024
    * The Newton Massachusetts-based  company is expected to
report a
9.9% decrease in revenue to $120.123 million from $133.36
million a year ago, according to the estimate from one analyst,
based on LSEG data. (SAL represents Rental Income)
    * ​LSEG's mean analyst estimate for Office Properties Income
Trust
is for a loss of 57 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 $4.30​, above​ its last closing price of $1.87.
​​​

The company's guidance on August 1 2024 for the period ended
September 30 was for Funds Flow from Operations between USD0.45
and USD0.47.
This summary was machine generated October 29 at 03:14 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)