Corporate Office Props (NYSE:OFC) is set to give its latest quarterly earnings report on Thursday, 2022-10-27. Here’s what investors need to know before the announcement.
Analysts estimate that Corporate Office Props will report an earnings per share (EPS) of $0.28.
Corporate Office Props bulls will hope to hear the company to announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here’s a look at Corporate Office Props’s past performance and the resulting price change:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.57 | 0.56 | ||
| EPS Actual | 0.59 | 0.58 | 0.58 | 0.57 |
| Price Change % | 2.93% | -3.54% | 2.51% | -1.49% |
Stock Performance
Shares of Corporate Office Props were trading at $25.38 as of October 25. Over the last 52-week period, shares are down 7.08%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Corporate Office Props visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
