Equity Commonwealth Q3 EPS $0.26 Up From $0.13 YoY, Sales $15.21M Beat $14.50M Estimate
Portfolio Pulse from mahesh@benzinga.com
Equity Commonwealth (NYSE:EQC) reported Q3 earnings of $0.26 per share, a 100% increase YoY. The company also reported quarterly sales of $15.21 million, beating the analyst consensus estimate of $14.50 million by 4.91% and marking a 0.57% increase YoY.
October 30, 2023 | 8:34 pm
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Equity Commonwealth reported a 100% increase in Q3 earnings YoY and beat sales estimates by 4.91%, which could positively impact the stock.
Equity Commonwealth reported strong Q3 results with a 100% increase in earnings YoY and sales beating estimates by 4.91%. This positive financial performance is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100