Peakstone Realty Trust reports results for the quarter ended December 31 - Earnings Summary
21/02/2025 02:44
* Peakstone Realty Trust PKST.N reported quarterly
adjusted
earnings of 35 cents per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of -55 cents. The mean expectation of
three analysts for the quarter was for a loss of 24 cents per
share. Wall Street expected results to range from -39 cents
to -2 cents per share.
* Revenue fell 8.1% to $57.93 million from a year ago;
analysts
expected $54.68 million.
* Peakstone Realty Trust's reported EPS for the quarter was
35
cents.
* The company reported quarterly net income of $12.71
million.
* Peakstone Realty Trust shares had fallen by 4.4% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 15.4%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the commercial
reits
peer group is also "hold"
Wall Street's median 12-month price target for Peakstone Realty
Trust is $13.00
This summary was machine generated from LSEG data February 21 at
02:43 a.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 -0.24 0.35 Beat
Sep. 30 2024 -0.04 -0.67 Missed
Jun. 30 2024 -0.02 -0.11 Missed
Mar. 31 2024 0.10 0.14 Beat