Seven Hills Realty Trust Q3 2023 Adj EPS $0.36, Inline, Sales $9.80M Beat $9.01M Estimate
Portfolio Pulse from totan@benzinga.com
Seven Hills Realty Trust (NASDAQ:SEVN) reported Q3 2023 earnings of $0.36 per share, in line with analyst estimates, and a 33.33% increase from the same period last year. The company's quarterly sales of $9.80 million beat the analyst consensus estimate of $9.01 million by 8.75%, marking a 25.63% increase from the previous year.
October 31, 2023 | 8:28 pm
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POSITIVE IMPACT
Seven Hills Realty Trust reported Q3 2023 earnings in line with estimates and a significant YoY increase. Sales also beat estimates and showed a substantial YoY increase.
The company's earnings met analyst expectations, which is a positive signal. Additionally, the YoY increase in both earnings and sales indicates strong financial performance, which could lead to a positive market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100