Seven Hills Realty Trust reports results for the quarter ended in September 30 - Earnings Summary

Seven Hills Realty Trust

29/10/2024 02:25

* Seven Hills Realty Trust  SEVN.OQ  reported quarterly
adjusted
earnings of 36 cents​​ per share for the quarter ended September
30, identical to the same quarter last year.  The mean
expectation of three analysts for the quarter was for earnings
of 35 cents per share. Wall Street expected results to range
from 34 cents to 37 cents per share.
    * Revenue fell 9.6% to $8.86 million from a year ago;
analysts
expected $8.31 million. 
    * Seven Hills Realty Trust's reported EPS for the quarter
was 23
cents​.
    * The company reported quarterly net income of $3.48
million.
    * Seven Hills Realty Trust shares had risen by 1.3% this
quarter and gained 7.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"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 Seven Hills
Realty Trust is 15.00 
This summary was machine generated from LSEG data October 29 at
02:25 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
 Sep. 30 2024      0.35           0.36           Beat
 Jun. 30 2024      0.33           0.38           Beat
 Mar. 31 2024      0.37           0.38           Beat
 Dec. 31 2023      0.38           0.43           Beat