Physicians Realty Trust Q3 FFO $0.25 Down From $0.26 YoY, Sales $138.55M Beat $137.14M Estimate
Portfolio Pulse from Benzinga Newsdesk
Physicians Realty Trust (NYSE:DOC) reported Q3 earnings of $0.25 per share, a decrease of 3.85% YoY. The company's quarterly sales were $138.55 million, beating the analyst consensus estimate of $137.14 million by 1.03% and marking a 5.35% increase YoY.
October 30, 2023 | 11:15 am
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NEUTRAL IMPACT
Physicians Realty Trust's Q3 earnings decreased by 3.85% YoY, while sales increased by 5.35% YoY and beat estimates.
While Physicians Realty Trust's earnings have decreased, the company has managed to beat sales estimates and record a YoY increase. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100