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

Office Properties Income Trust

27/07/2023 03:03

* Office Properties Income Trust  OPI.OQ  reported a
quarterly
adjusted loss of 25 cents​​ per share for the quarter ended in
June. The mean expectation of two analysts for the quarter was
for a loss of 3 cents per share.
    * Revenue fell 5.2% to $134.00 million from a year ago;
analysts
expected $132.76 million. 
    * Office Properties Income Trust's reported EPS for the
quarter
was a loss of 25 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Office Properties Income Trust shares had fallen by 0.4%
this
quarter and lost 42.5% so far this year.
    * The company reported a quarterly loss of $12.24 million.
    * Wall Street's median 12-month price target for Office
Properties
Income Trust is $9.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:03 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.08           1.11           Beat
 Mar. 31 2023      1.10           1.09           Missed
 Dec. 31 2022      1.10           1.13           Beat
 Sep. 30 2022      1.14           1.11           Missed