Office Properties Income Trust expected to post a share - Earnings Preview

Office Properties Income Trust

13/02/2024 22:23

* Office Properties Income Trust  OPI.OQ   OPI.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 15 for the period ending December 31 2023
    * The Newton Massachusetts-based  company is expected to
report a
4.1% increase in revenue to $133.111 million from $127.92
million a year ago, according to the estimate from one analyst,
based on LSEG data. (SAL is on Rental Income basis)
    * ​LSEG's mean analyst estimate for Office Properties Income
Trust
is for earnings of 98 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 2 "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 $13.50​, above​ its last closing price of $4.03.
​​​

The company's guidance on October 31 2023 for the period ended
December 31 was for Capital Expenditures between USD25 million
and USD35 million.The company's guidance on October 31 2023 for
the period ended December 31 was for Funds Flow from Operations
between USD0.96 and USD0.98.
This summary was machine generated February 13 at 22:22 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)