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

Office Properties Income Trust

27/10/2022 22:47

* Office Properties Income Trust  OPI.OQ  reported quarterly
adjusted earnings of 35 cents​​ per share for the quarter ended
in September. The lone analyst forecast for the quarter was
for a loss of 8 cents per share.
    * Revenue fell 6.7% to $137.68 million from a year ago;
analysts
expected $140.39 million. 
    * Office Properties Income Trust's reported EPS for the
quarter
was 35 cents​.
    * The mean earnings estimate of analysts was unchanged 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 6.0%
this
quarter and lost 40.1% so far this year.
    * The company reported quarterly net income of $16.96
million.
    * Wall Street's median 12-month price target for Office
Properties
Income Trust is $20.50 
    * 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 October
27 at 09:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.14           1.11           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