Orion Office REIT Q4 EPS $0.40 Down From $0.47 YoY, Sales $50.30M Miss $50.68M Estimate
Orion Office REIT (NYSE:ONL) reported quarterly earnings of $0.40 per share. This is a 14.89 percent decrease over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of
Earnings Scheduled For March 8, 2023
Companies Reporting Before The Bell
• Daktronics (NASDAQ:DAKT) is expected to report quarterly earnings at $0.00 per share on revenue of $164.68 million.
These 3 REITs Are Diving To New 12-Month Lows
Real estate investment trusts (REITs) continue to weaken, with a number of them hitting new 12-month lows.
These reflect the negative effects on the market of the higher interest rates that the Federal Reserve is pursuing. Other factors are at work, but this is a rate-sensitive group and they’re feeling the pain.
JMP Securities Initiates Coverage On Orion Office REIT with Market Perform Rating
JMP Securities analyst Mitch Germain initiates coverage on Orion Office REIT (NYSE:ONL) with a Market Perform rating.
Stocks That Hit 52-Week Lows On Wednesday
Wednesday's session saw 361 companies set new 52-week lows.
