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Office Properties Income Trust Q1 2024 Earnings Report

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$1.11 -0.11 (-9.02%)
(As of 05:45 PM ET)

Office Properties Income Trust EPS Results

Actual EPS
-$0.11
Consensus EPS
$0.81
Beat/Miss
Missed by -$0.92
One Year Ago EPS
$1.09

Office Properties Income Trust Revenue Results

Actual Revenue
$139.44 million
Expected Revenue
$128.28 million
Beat/Miss
Beat by +$11.16 million
YoY Revenue Growth
N/A

Office Properties Income Trust Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

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Office Properties Income Trust Earnings Headlines

Office Properties Income Trust’s Strategic Debt Restructuring
Do this Before Elon’s Reveal on January 22nd
Elon’s newest tech could pay you an extra $30,000 a year — while you sleep. It’s smaller than a quarter but designed to power a $9 trillion AI revolution. And I’ve identified a little-known supplier Elon is depending on to make it all happen.
Office Properties note deal buys time to sell assets, says B. Riley
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About Office Properties Income Trust

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of December 31, 2023, approximately 64% of OPI's revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, D.C. In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquartered in Newton, MA.

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