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

Seven Hills Realty Trust

31/10/2023 21:55

* Seven Hills Realty Trust  SEVN.OQ  reported quarterly
adjusted
earnings of 36 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of 27 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 25.6% to $9.80 million from a year ago;
analysts
expected $9.01 million. 
    * Seven Hills Realty Trust's reported EPS for the quarter
was 51
cents​.
    * The company reported quarterly net income of $7.47
million.
    * Seven Hills Realty Trust shares had fallen by 5.6% this
quarter and gained 13.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.3%
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." 
    * 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 $13.75 
This summary was machine generated from LSEG data October 31 at
09:54 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.37           0.36           Missed
 Jun. 30 2023      0.35           0.37           Beat
 Mar. 31 2023      0.34           0.39           Beat
 Dec. 31 2022      0.27           0.37           Beat