Physicians Realty Trust reports results for the quarter ended in September - Earnings Summary

Physicians Realty Trust

03/11/2023 13:31

* Physicians Realty Trust  DOC.N  reported quarterly
adjusted
earnings of 5 cents​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of 28 cents.  The mean expectation of
nine analysts for the quarter was for earnings of 5 cents per
share. Wall Street expected results to range from 4 cents to 6
cents per share.
    * Revenue rose 5.3% to $138.55 million from a year ago;
analysts
expected $137.14 million. 
    * Physicians Realty Trust's reported EPS for the quarter was
5
cents​.
    * The company reported quarterly net income of $12.34
million.
    * Physicians Realty Trust shares had fallen by 4.8% this
quarter and lost 19.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.7%
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 "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "buy"

Wall Street's median 12-month price target for Physicians Realty
Trust is $15.00 
This summary was machine generated from LSEG data November 3 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.25           0.25           Met
 Jun. 30 2023      0.25           0.25           Met
 Mar. 31 2023      0.25           0.24           Missed
 Dec. 31 2022      0.26           0.26           Met