Investing.com - Office Properties reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Office Properties announced earnings per share of $0.35 on revenue of $137.68. Analysts polled by Investing.com anticipated EPS of $-0.14 on revenue of $140.39M.
Office Properties shares are up 31% from the beginning of the year , still down 46.94% from its 52 week high of $28.25 set on Monday, January 10, 2022.
Office Properties follows other major Real Estate sector earnings this month
Office Properties's report follows an earnings beat by American Tower on Thursday, who reported EPS of $1.8 on revenue of $2.67B, compared to forecasts EPS of $1.13 on revenue of $2.65B.
Prologis had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.36 on revenue of $1.75B, compared to forecast for EPS of $1.34 on revenue of $1.2B.
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