Equity Commonwealth (NYSE:EQC) self-advised real estate investment trust, is reporting third quarter earnings results on Wednesday 28th October 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.01 per share from $ 15.95 million in revenue.
For the full year, analysts predict revenues of $ 66.74 million, while looking forward to income of $ 3.61 per share.
Previous Quarter Performance
Equity Commonwealth revealed income for the second quarter of $ 0.03 per share, from the revenue of $ 16.27 million. According to street consensus, revenue of $ 18.69 million was expected for the second quarter The top line results fell short of analysts by $ 2.42 million or 12.95 percent.
Stock Performance
Shares of Equity Commonwealth traded low $ -0.22 or -0.83 percent on Tuesday, reaching $ 26.38 with volume of 490.20 thousand shares. Equity Commonwealth has traded high as $ 26.68 and has cracked $ 26.20 on the downward trend
According to the previous trading day, closing price of $ 26.38, representing a 1.76 % increase from the 52 week low of $ 26.14 and a 24.17 % decrease over the 52 week high of $ 35.08.
The company has a market capital of $ 3.21 billion and is part of the Real Estate sector and REIT – Office industry.
Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. As of April 29,2019, EQCs portfolio comprised 8 properties and 3.6 million square feet.
