Peakstone Realty Tr Q2 2024 FFO $0.70 Beats $0.64 Estimate, Sales $55.952M Miss $60.150M Estimate
Portfolio Pulse from Benzinga Newsdesk
Peakstone Realty Trust (NYSE:PKST) reported Q2 2024 earnings per share of $0.70, beating the analyst estimate of $0.64. However, sales of $55.952 million missed the $60.150 million estimate. Both earnings and sales showed a decline compared to the same period last year.
August 08, 2024 | 8:11 pm
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Peakstone Realty Trust reported Q2 2024 EPS of $0.70, beating estimates but showing a YoY decline. Sales missed estimates and also declined YoY.
While the EPS beat estimates, the YoY decline and missed sales estimates may offset positive sentiment. Investors may have mixed reactions, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100