NASDAQ$OPITQ

Office Properties Income Trust · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Announced second quarter 2023 results.

Office Properties Income Trust announced its financial results for the quarter ended June 30, 2023. As of June 30, 2023, approximately 63% of OPI's revenues were from investment grade rated tenants. OPI owned and leased 155 properties as of June 30, 2023, with approximately 20.8 million square feet located in 30 states and Washington, D.C.

  • Second quarter 2023 financial results were announced.
  • As of June 30, 2023, approximately 63% of OPI's revenues were from investment grade rated tenants.
  • OPI owned and leased 155 properties as of June 30, 2023.
  • Properties are located in 30 states and Washington, D.C.

Headline financials

Total Revenue

$134M

Previous: $141M-5.2%
EPS (adj)

$1.11

Previous: $1.22-9.0%
Net Income

-$12.2M

Previous: -$16.1M+23.8%
Cash & Equivalents

$25.2M

Previous: $26M-3.1%
Total Assets

$4.03B

Previous: $4.06B-0.9%

Revenue & EPS history

OPI · Revenue · Quarterly

$134M

Q2 2023-5.2%vs Q2 2022
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

No forward guidance was provided in the press release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 1 quarterly earnings reports

Historical avg

-0.2%

Avg return

Earnings day

-2.9%

Avg return

5 days after

-3.1%

Avg return

30 days after

47%

30 / 64 earnings

Positive

+26.7%

Q1 2024

Best reaction

-16.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q3 2025+0.0%-52.4%-55.7%
Q2 2025+0.0%+0.0%+0.0%
Q1 2025-16.1%+0.0%+0.0%
Q4 2024-5.5%+0.0%+0.0%
Q3 2024-15.4%+0.0%+0.0%
Q2 2024+7.7%+0.0%+0.0%
Q1 2024+26.7%+0.0%+0.0%
Q4 2023-1.3%+0.0%+0.0%
Q3 2023+9.0%+0.0%+0.0%
Q2 2023-3.3%+0.0%+0.0%
Q1 2023-0.8%+0.0%+0.0%
Q4 2022+6.2%+0.0%+0.0%
Q3 2022+2.6%+0.0%+0.0%
Q2 2022+3.4%+0.0%+0.0%
Q1 2022-2.5%+0.0%+0.0%
Q4 2021+2.2%+0.0%+0.0%
Q3 2021-1.8%+0.0%+0.0%
Q2 2021+0.5%+0.0%+0.0%
Q1 2021-0.3%
Q4 2020-1.0%
Q3 2020+4.6%
Q2 2020-0.1%
Q1 2020-6.5%
Q4 2019+4.7%
Q3 2019+3.8%
Q2 2019-1.8%
Q1 2019+6.6%
Q4 2018-5.6%
Q3 2018+1.2%
Q2 2018+4.0%
Q1 2018+9.6%
Q4 2017-7.5%
Q3 2017+1.8%
Q2 2017+0.6%
Q1 2017-0.6%
Q4 2016+3.3%
Q3 2016-5.4%
Q2 2016+5.7%
Q1 2016+1.5%
Q4 2015-1.3%
Q3 2015-2.8%
Q2 2015-1.0%
Q1 2015-5.5%
Q4 2014+2.6%
Q3 2014-0.7%
Q2 2014-1.8%
Q1 2014+1.0%
Q4 2013+0.3%
Q3 2013-1.9%
Q2 2013-1.9%
Q1 2013+0.2%
Q4 2012-1.1%
Q3 2012+1.6%
Q2 2012+1.7%
Q1 2012-1.3%
Q4 2011+0.3%
Q4 2009+0.3%
Q1 2011+0.3%
Q1 2010+0.3%
Q3 2010-6.7%
Q3 2011-6.7%
Q2 2011-6.2%
Q4 2010-6.2%
Q2 2010-6.2%

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