Corporate Office Properties Trust Earnings Preview: Can This Streak Finally End?
Corporate Office Properties Trust (NYSE:OFC) will report earnings before markets open on Friday, April 26th. Corporate Office Properties Trust is a real estate investment trust which focuses on the acquisition, ownership and operation of suburban office properties located in high-growth submarkets.
Here is your Cheat Sheet to Corporate Office Properties Trust Earnings:
Earnings Expectations: Analysts expect earnings of $0.20 per share on revenues of $104.57 million.
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 $0.19 to a profit $0.21. For the current year, the average estimate is a profit of $0.82, which is better than the estimate ninety days ago.
Here’s how Corporate Office Properties Trust has been performing on an annual basis:
|Revenue ($) in millions||585.14||737.63||492.23||512.84||528.01|
|Diluted EPS ($)||0.76||0.70||0.43||-1.97||-0.03|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||111.53||143.47||133.39||130.14||121.00|
|Diluted EPS ($)||-1.25||0.04||0.09||-0.39||0.23|
Corporate Office Properties Trust has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)