Peakstone Realty Trust reports results for the quarter ended December 31 - Earnings Summary

• Peakstone Realty Trust PKST.N reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -55 cents. The mean expectation of three analysts for the quarter was for a loss of 24 cents per share. Wall Street expected results to range from -39 cents to -2 cents per share.

• Revenue fell 8.1% to $57.93 million from a year ago; analysts expected $54.68 million.

• Peakstone Realty Trust's reported EPS for the quarter was 35 cents​.

• The company reported quarterly net income of $12.71 million.

• Peakstone Realty Trust shares had fallen by 4.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 15.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the commercial reits peer group is also "hold"

Wall Street's median 12-month price target for Peakstone Realty Trust is $13.00

This summary was machine generated from LSEG data February 21 at 02:43 a.m. UTC. ​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)