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

Office Properties Income Trust

26/04/2023 22:53

* Office Properties Income Trust  OPI.OQ  reported a
quarterly
adjusted loss of 1 cent​​ per share for the quarter ended in
March. The mean expectation of two analysts for the quarter was
for earnings of one cent per share.
    * Revenue fell 10.1% to $132.42 million from a year ago;
analysts
expected $133.41 million. 
    * Office Properties Income Trust's reported EPS for the
quarter
was a loss of 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 1.6%
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 fallen by 46.7%
this
quarter and lost 50.9% so far this year.
    * The company reported a quarterly loss of $466 thousand.
    * Wall Street's median 12-month price target for Office
Properties
Income Trust is $12.50 
    * 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
April 26 at 09:53 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.10           1.09           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