Peakstone Realty Trust Q2 EPS $0.73 Down From $1.57 YoY, Sales $62.54M Miss $64.76M Estimate
Portfolio Pulse from vinayak@benzinga.com
Peakstone Realty Trust (NYSE:PKST) reported Q2 earnings of $0.73 per share, a 53.5% decrease YoY. The company's quarterly sales were $62.54M, missing the analyst consensus estimate of $64.76M by 3.43%. This represents a 49.18% decrease in sales compared to the same period last year.
August 08, 2023 | 9:19 pm
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Peakstone Realty Trust's Q2 earnings and sales have significantly decreased compared to last year, missing analyst estimates.
The company's earnings per share and sales have both decreased significantly compared to the same period last year, and have also missed analyst estimates. This could negatively impact investor sentiment and the company's stock price in the short term.
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