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

Office Properties Income Trust

29/07/2022 01:24

* Office Properties Income Trust  OPI.OQ  reported a
quarterly
adjusted loss of 33 cents​​ per share for the quarter ended in
June. The lone analyst forecast for the quarter was for a loss
of 15 cents per share.
    * Revenue rose 3.1% to $141.32 million from a year ago;
analysts
expected $143.01 million. 
    * Office Properties Income Trust's reported EPS for the
quarter
was a loss of 33 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.2%
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 0.8%
this
quarter and lost 19.1% so far this year.
    * The company reported a quarterly loss of $16.06 million.
    * Wall Street's median 12-month price target for Office
Properties
Income Trust is $24.50 
    * 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 July 29
at 12:23 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.13           1.22           Beat
 Mar. 31 2022      1.28           1.30           Beat
 Dec. 31 2021      1.09           1.20           Beat
 Sep. 30 2021      1.21           1.24           Beat