City Office REIT Inc <CIO.N> expected to post a loss of 10 cents a share - Earnings Preview
City Office REIT Inc CIO.N, CIO is expected to show a fall in quarterly revenue when it reports results on May 2 for the period ending March 31 2025
The Vancouver British Columbia-based company is expected to report a 4.7% decrease in revenue to $42.383 million from $44.49 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for City Office REIT Inc is for a loss of 10 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for City Office REIT Inc is $6.00, above its last closing price of $5.15.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.27 | ||||
Sep. 30 2024 | 0.27 | 0.28 | 0.27 | Missed | -3.6 |
Jun. 30 2024 | 0.30 | 0.31 | 0.28 | Missed | -8.5 |
Mar. 31 2024 | 0.31 | 0.31 | 0.33 | Beat | 7.8 |
Dec. 31 2023 | 0.33 | 0.32 | 0.33 | Beat | 2.3 |
Sep. 30 2023 | 0.31 | 0.32 | 0.34 | Beat | 6.9 |
Jun. 30 2023 | 0.33 | 0.34 | 0.35 | Beat | 4 |
Mar. 31 2023 | 0.35 | 0.35 | 0.37 | Beat | 5.2 |
This summary was machine generated April 30 at 12:55 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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