Office Properties Income Trust reports results for the quarter ended in December - Earnings Summary

Office Properties Income Trust

16/02/2023 04:26

* Office Properties Income Trust  OPI.OQ  reported quarterly
adjusted earnings of 13 cents​​ per share for the quarter ended
in December. The mean expectation of two analysts for the
quarter was for a loss of 2 cents per share.
    * Revenue fell 13.1% to $127.92 million from a year ago;
analysts
expected $137.64 million. 
    * Office Properties Income Trust's reported EPS for the
quarter
was 13 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Office Properties Income Trust shares had risen by 23.9%
this
quarter.
    * The company reported quarterly net income of $6.39
million.
    * Wall Street's median 12-month price target for Office
Properties
Income Trust is $14.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 04:26 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.10           1.13           Beat
 Sep. 30 2022      1.14           1.11           Missed
 Jun. 30 2022      1.13           1.22           Beat
 Mar. 31 2022      1.28           1.30           Beat