Earnings Preview : Equity Commonwealth ($EQC) Will Be Unveiling Q3 2024 Earnings On 23rd October 2024

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The highly anticipated financial results for the third quarter of Equity Commonwealth (NYSE: EQC) are scheduled to be disclosed on Wednesday 23rd October 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.

Wall Street financial analysts are foreseeing that the company is likely to announce an estimated per share $0.23 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $7.07 million during the quarter.

Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $29.52 million.

The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.26. This considerable sum was attributed to the company's total revenue, which reached an impressive $15.21 million during that specific quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.24 +9.1% 14.11 M -3.3%
Q1 2024 $0.25 +8.7% 15.19 M -2.5%
Q4 2023 $0.26 +23.8% 15.15 M -4.1%
Q3 2023 $0.26 +100.0% 15.21 M +0.6%
Q2 2023 $0.22 +450.0% 14.59 M -6.1%
*Growth on year-over-year basis

 

In addition, The firm will review the third quarter financial results on 24th October 2024 at 10:00 AM eastern time, in a conference call with public.

During Monday's trading, Equity Commonwealth (EQC) shares reached a low of $19.75 and a high of $19.88, along with a total volume of 665.90 thousand shares. The stock ended the regular trading session at $19.83, indicating of 0.00 percent.