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OPIBearishEarningsnews
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Office Properties Income Trust (OPI) Reports Q1 Earnings: What Key Metrics Have to Say

May 6, 2024, 10:38 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Q1 revenue for OPI was $139.44 million, up 5.3% YoY. - EPS for the same period was $0.79 compared to -$0.01 a year ago. - OPI beat revenue estimate by 8.70% but had an EPS surprise of -2.47%. - Rental income of $139.44 million was +5.3% YoY, with EPS at -$0.11 versus -$0.28 estimate. - OPI stock returned +55.1% in the past month, with a Zacks Rank #5 (Strong Sell). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Q1 revenue for OPI was $139.44 million, up 5.3% YoY.
  • EPS for the same period was $0.79 compared to -$0.01 a year ago.
  • OPI beat revenue estimate by 8.70% but had an EPS surprise of -2.47%.
  • Rental income of $139.44 million was +5.3% YoY, with EPS at -$0.11 versus -$0.28 estimate.
  • OPI stock returned +55.1% in the past month, with a Zacks Rank #5 (Strong Sell).

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