Seven Hills Realty Trust Q1 2024 Adj EPS $0.38 Beats $0.36 Estimate, Sales $9.362M Beat $9.101M Estimate
Portfolio Pulse from Benzinga Newsdesk
Seven Hills Realty Trust (NASDAQ:SEVN) reported Q1 2024 adjusted EPS of $0.38, surpassing the $0.36 estimate, and sales of $9.362M, exceeding the $9.101M estimate. This represents a slight decrease in EPS and a marginal increase in sales compared to the same period last year.
April 29, 2024 | 9:06 pm
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Seven Hills Realty Trust reported a Q1 2024 EPS of $0.38, beating estimates, and sales of $9.362M, also above expectations.
Beating both EPS and sales estimates typically has a positive impact on investor sentiment and can lead to a short-term increase in stock price. The reported decrease in EPS year-over-year is slight and may be offset by the positive earnings surprise and marginal sales growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100