Orion Office Reit Inc reports results for the quarter ended in December - Earnings Summary

Orion Properties

08/03/2023 22:38

* Orion Office Reit Inc  ONL.N  reported a quarterly
adjusted loss
of 33 cents​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for a loss of 16 cents
per share.
    * Revenue rose 24.1% to $50.29 million from a year ago;
analysts
expected $50.68 million. 
    * Orion Office Reit Inc's reported EPS for the quarter was a
loss
of 33 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. 
    * Orion Office Reit Inc shares had fallen by 11.6% this
quarter.
    * The company reported a quarterly loss of $18.97 million.
    * Wall Street's median 12-month price target for Orion
Office Reit
Inc is $13.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 8 at 10:38 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.40           0.40           Met
 Sep. 30 2022      0.43           0.42           Missed
 Jun. 30 2022      0.45           0.47           Beat
 Mar. 31 2022      0.48           0.47           Missed