Seven Hills Realty Trust Q3 Adj $0.36 Beats $0.35 Estimate, Sales $8.86M Beat $8.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
Seven Hills Realty Trust (NASDAQ:SEVN) reported Q3 earnings of $0.36 per share, beating estimates of $0.35, and sales of $8.86M, surpassing the $8.30M estimate. However, both earnings and sales decreased compared to the same period last year.
October 28, 2024 | 8:39 pm
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Seven Hills Realty Trust reported Q3 earnings and sales that beat analyst estimates, but both figures declined compared to the previous year.
SEVN's Q3 earnings and sales exceeded analyst expectations, which is positive. However, the year-over-year decline in both earnings and sales may offset the positive sentiment, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100