Office Properties Income Trust Q3 FFO $0.69 Down From $1.11 YoY, Revenue $133.361M Beats $132.744M Estimate
Portfolio Pulse from Benzinga Newsdesk
Office Properties Income Trust reported Q3 FFO of $0.69, down from $1.11 YoY. However, the company's revenue of $133.361M beat the estimate of $132.744M.
October 30, 2023 | 8:38 pm
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NEUTRAL IMPACT
Office Properties Income Trust's Q3 FFO decreased YoY, but revenue surpassed estimates.
While the decrease in FFO could negatively impact the stock, the higher-than-expected revenue could offset this. The net impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100