Seven Hills Realty Trust reports results for the quarter ended in March - Earnings Summary

Seven Hills Realty Trust

01/05/2024 09:26

* Seven Hills Realty Trust  SEVN.OQ  reported quarterly
adjusted
earnings of 38 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 39 cents.  The mean expectation of two analysts for the
quarter was for earnings of 37 cents per share. Wall Street
expected results to range from 36 cents to 37 cents per share.
    * Revenue rose 0.2% to $9.36 million from a year ago;
analysts
expected $9.10 million. 
    * Seven Hills Realty Trust's reported EPS for the quarter
was 35
cents​.
    * The company reported quarterly net income of $5.23
million.
    * Seven Hills Realty Trust shares had fallen by 2.9% this
quarter and lost 3.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.9%
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 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Seven Hills
Realty Trust is $14.25 

This summary was machine generated from LSEG data May 1 at 08:26
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
 Mar. 31 2024      0.37           0.38           Beat
 Dec. 31 2023      0.38           0.43           Beat
 Sep. 30 2023      0.37           0.36           Missed
 Jun. 30 2023      0.35           0.37           Beat