Equity Commonwealth Q3 2024 FFO $0.25 Beats $0.23 Estimate, Sales $13.988M Beat $7.070M Estimate
Portfolio Pulse from Benzinga Newsdesk
Equity Commonwealth (NYSE:EQC) reported Q3 2024 earnings of $0.25 per share, surpassing the analyst estimate of $0.23. Sales reached $13.988 million, significantly beating the $7.070 million estimate, despite an 8.05% decrease from the previous year.
October 23, 2024 | 8:27 pm
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Equity Commonwealth's Q3 2024 earnings and sales exceeded expectations, with EPS at $0.25 and sales at $13.988M, despite a year-over-year sales decline.
The company's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the year-over-year sales decline may temper some investor enthusiasm.
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RELEVANCE 100