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

• Peakstone Realty Trust PKST.N reported a quarterly adjusted loss of $1.35​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of three analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -15 cents to -2 cents per share.

• Revenue fell 3.8% to $56.97 million from a year ago; analysts expected $54.52 million.

• Peakstone Realty Trust's reported EPS for the quarter was a loss of $1.35​.

• The company reported a quarterly loss of $49.38 million.

• Peakstone Realty Trust shares had fallen by 11.6% this quarter and gained 0.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 52.4% 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 $14.00

This summary was machine generated from LSEG data May 8 at 10:25 p.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)