CommonWealth REIT Earnings: Here’s Why Shares are Up Now

CommonWealth REIT (NYSE:CWH) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.13%.

CommonWealth REIT Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 24.1% to $0.63 in the quarter versus EPS of $0.83 in the year-earlier quarter.

Revenue: Rose 7.09% to $274.8 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: CommonWealth REIT reported adjusted EPS income of $0.63 per share. By that measure, the company missed the mean analyst estimate of $0.64. It beat the average revenue estimate of $272.75 million.

Key Stats (on next page)…

Revenue decreased 3.77% from $285.58 million in the previous quarter. EPS decreased 19.23% from $0.78 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.62 to a profit $0.63. For the current year, the average estimate has moved up from a profit of $2.60 to a profit of $2.72 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

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