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

Office Properties Income Trust

30/10/2023 22:19

* Office Properties Income Trust  OPI.OQ  reported a
quarterly
adjusted loss of 41 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was for a
loss of 9 cents per share.
    * Revenue fell 3.1% to $133.36 million from a year ago;
analysts
expected $133.77 million. 
    * Office Properties Income Trust's reported EPS for the
quarter
was a loss of 41 cents​.
    * The mean earnings estimate of analysts had risen by
about 4.2%
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 0.5%
this
quarter and lost 69.1% so far this year.
    * The company reported a quarterly loss of $19.59 million.
    * Wall Street's median 12-month price target for Office
Properties
Income Trust is $14.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 10:19 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.99           1.02           Beat
 Jun. 30 2023      1.07           1.11           Beat
 Mar. 31 2023      1.10           1.09           Missed
 Dec. 31 2022      1.10           1.13           Beat