NASDAQ$OPITQ

Office Properties Income Trust · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Announced third quarter 2023 results.

Office Properties Income Trust announced its financial results for the quarter ended September 30, 2023.

  • Financial results for Q3 2023 were released.
  • A conference call was scheduled to discuss the results.
  • OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties.
  • Approximately 64% of OPI's revenues were from investment grade rated tenants as of September 30, 2023.

Headline financials

Total Revenue

$133M

Previous: $138M-3.1%
EPS (adj)

$1.02

Previous: $1.11-8.1%
Capital Expenditures

-$36.9M

No prior period
Free Cash Flow

-$16M

No prior period
Net Income

-$19.6M

Previous: $17M-215.5%
Cash & Equivalents

$39.6M

Previous: $14M+183.0%
Total Assets

$4.04B

Previous: $3.97B+1.9%

Revenue & EPS history

OPI · Revenue · Quarterly

$133M

Q3 2023-3.1%vs Q3 2022
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2023

Historical avgQ3 2023

-0.2%

Avg return

Earnings day

-2.8%

Avg return

5 days after

-2.7%

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%-0.2%+5.0%
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%
Q1 2011+0.3%
Q4 2011+0.3%
Q4 2009+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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