Physicians Realty Trust Q2 FFO $0.25 Down From $0.27 YoY, Sales $135.10M Miss $135.75M Estimate
Portfolio Pulse from Benzinga Newsdesk
Physicians Realty Trust (NYSE:DOC) reported Q2 earnings of $0.25 per share, a 7.41% decrease YoY. The company's quarterly sales were $135.10 million, missing the analyst consensus estimate of $135.75 million by 0.48%.
August 04, 2023 | 1:06 pm
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NEGATIVE IMPACT
Physicians Realty Trust's Q2 earnings and sales missed estimates, which could negatively impact the stock in the short term.
Physicians Realty Trust reported a decrease in earnings and missed sales estimates. This underperformance could lead to a decrease in the stock price as it may shake investor confidence in the company's profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100