Investing.com - Orion Office Reit reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Orion Office Reit announced earnings per share of $-0.94 on revenue of $51.58M. Analysts polled by Investing.com anticipated EPS of $-0.19 on revenue of $50.5M.
Orion Office Reit shares are down 58% from the beginning of the year , still down 71.44% from its 52 week high of $32.25 set on Friday, November 12, 2021.
Orion Office Reit follows other major Real Estate sector earnings this month
Orion Office Reit's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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