CommonWealth REIT Earnings: Everything You Must Know Now

CommonWealth REIT (NYSE:CWH) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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CommonWealth REIT Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 13.33% to $0.78 in the quarter versus EPS of $0.90 in the year-earlier quarter.

Revenue: Rose 8.21% to $275 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: CommonWealth REIT reported adjusted EPS income of $0.78 per share. By that measure, the company beat the mean analyst estimate of $0.73. It beat the average revenue estimate of $266.34 million.

Quoting Management: There was no comment from management.

Key Stats (on next page)…

Revenue increased 7.92% from $254.82 million in the previous quarter. EPS decreased 4.88% from $0.82 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.84 to a profit $0.63. For the current year, the average estimate has moved down from a profit of $3.34 to a profit of $2.60 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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