Investing.com - Office Properties reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Office Properties announced earnings per share of $0.35 on revenue of $137.68. Analysts polled by Investing.com anticipated EPS of $-0.14 on revenue of $140.39M.
Office Properties shares are up 31% from the beginning of the year and are trading at $14.99 , down-from-52-week-high.
Office Properties follows other major Real Estate sector earnings this month
Office Properties's report follows an earnings beat by American Tower on Thursday, who reported EPS of $1.8 on revenue of $2.67B, compared to forecasts EPS of $1.13 on revenue of $2.65B.
Prologis had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.36 on revenue of $1.75B, compared to forecast for EPS of $1.34 on revenue of $1.2B.
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