Peakstone Realty Tr Q3 2024 FFO $0.65 Misses $0.68 Estimate, Sales $54.960M Miss $56.680M Estimate
Portfolio Pulse from Benzinga Newsdesk
Peakstone Realty Trust reported Q3 2024 earnings of $0.65 per share, missing the analyst estimate of $0.68. Sales were $54.960 million, below the expected $56.680 million, and down 10.94% from last year.
October 30, 2024 | 8:23 pm
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Peakstone Realty Trust's Q3 2024 earnings and sales both missed analyst estimates, with earnings at $0.65 per share and sales at $54.960 million. This represents a significant year-over-year sales decline of 10.94%.
The earnings and sales miss, along with a significant year-over-year sales decline, are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100